The profits of a proprietorship are
A) taxed at the same rate as the owner's other personal income.
B) subject to a corporate tax.
C) taxed as capital gains indexed for inflation.
D) exempt from taxation.
A
Economics
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A key resource is a material:
A) that is unlimited in supply. B) that is rationed by the government. C) that is available to monopolies only. D) that is essential for the production of a good.
Economics
In the figure above, if the exchange rate is equal to 1 Canadian dollar per U.S. dollar, there is a ________ of ________currency and the exchange rate will________
A) shortage; domestic; rise B) surplus; domestic; rise C) shortage; foreign; rise D) surplus; foreign; fall
Economics