In the United States, corporate profits are taxed
A) at both the corporate level and when investors receive dividends.
B) only when investors receive dividends.
C) only at the corporate level.
D) neither at the corporate level nor when investors receive dividends.
A
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Which of the following statements is true?
A) Trade-offs do not apply when the consumers purchase a product for which there is excess supply, such as with a stock clearance sale. B) Economics is a social science that studies the trade-offs we are forced to make because resources are unlimited. C) Every individual, no matter how rich or poor, is faced with situations that require trade-offs. D) Any time you have to decide which action to take you are experiencing economic equity.
Which of the following countries does not come close to the free market benchmark?
A) Cuba B) Japan C) the United States D) France