Corporations account for
A) the largest proportion of business revenues generated in the United States.
B) the largest amount of taxes paid to the U.S. government.
C) the largest number of firms in the United States.
D) the smallest amount of revenues in the United States.
Answer: A
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The figure above represents the production possibilities frontier for a country
a) The nation is currently producing at point B and wants to move to point C. What is the opportunity cost of the move? b) The nation is currently producing at point B and wants to move to point A. What is the opportunity cost of the move?
Double taxation refers to the negative feature of
a. all businesses in the United States b. sole proprietorships c. corporations d. the federal and state tax systems e. partnerships