Which of the Following Statements Is True

question 56

Multiple Choice

Which of the following statements is true ?

• A) Discrimination against women and blacks reduces the demand for these workers resulting in lower wages paid these workers.
• B) Discrimination is no longer a problem in the United States.
• C) A negative income tax system is a plan where everyone pays the same percentage of their income as taxes.
• D) A negative income tax system is a plan where those below a certain income receive a cash payment from government.

---

Definitions:

Income-Sharing Ratio

The agreed-upon distribution of income or profits among partners in a business, often expressed as a proportion or percentage.

Noncash Assets

Assets that are not in the form of cash or easily convertible into cash, such as property, plant, and equipment.

Total Capital

The sum of a company's debt and equity, representing the total funds available for the business to use.

Partners' Equity

The owners' claim or interest in the assets of a partnership, after all liabilities have been subtracted.