Explain what is meant by the "double taxation of dividends"?
What will be an ideal response?
Corporate profits are subject to the corporate profits tax, which companies pay before they distribute dividends to their stockholders. Individuals must pay individual incomes taxes on the dividends they receive.
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A weak U.S. dollar leads to a higher volume of U.S. imports
Indicate whether the statement is true or false
International specialization allows a country to use its resources to
a. create jobs for government workers by expanding international foreign aid programs b. produce special goods such as computer software that require specific knowledge c. expand the development of its natural resources such as lumber, oil deposits, and coal d. produce specific goods, allowing other countries to focus on the production of other goods e. develop political ties through international cooperation and mutual sharing of goods