Give an example of income in the United States that is taxed twice
What will be an ideal response?
Corporate income is taxed once when it is earned and then again when it is distributed to shareholders as dividends and they have to claim it on their personal income taxes.
Economics
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A production possibilities frontier shows
A) the various combinations of output a nation can produce a certain time, given its available resources and technology. B) the limits to future growth of a nation. C) how money can be allocated among two kinds of goods. D) that if price of one good decreases, the price of the other has to increase. E) that it is impossible to produce inefficiently.
Economics
When talking about a coupon bond, face value and ________ mean the same thing
A) par value B) coupon value C) amortized value D) discount value
Economics