Policies and Regulations That Governments Adopt Strongly Affect the Fortunes

question 26

Multiple Choice

Policies and regulations that governments adopt strongly affect the fortunes of new ventures. These policies and regulations

• A) are almost always ignored by entrepreneurs.
• B) make it easier to run new ventures.
• C) make it harder to run new ventures.
• D) both B and C.
• E) A, B, and C.

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Definitions:

Federal Income Tax

The charge imposed by the U.S. government on the yearly income of individuals, businesses, trusts, and other legal bodies.

FICA-OASDI

The Federal Insurance Contributions Act's component for Old-Age, Survivors, and Disability Insurance, a payroll tax that funds Social Security.