Which of the Following Statements Is NOT True About Corporate

question 50

Multiple Choice

Which of the following statements is NOT true about corporate income tax rates and economic activity?

• A) The income tax is the primary sources of revenues for national governments around the world.
• B) Before the Great Depression, state and local government expenditures in the U.S. were much lower than federal expenditures.
• C) Since 1939, state and local government expenditures have been much lower than federal expenditures.
• D) The great majority of U.S. government expenditures are on nondefense items such as health, economic support, and education.
• E) From 2005-2008, the average gross savings rate of OECD countries increased.

---

Definitions:

Employee Wellness Programs

Initiatives and support systems provided by employers to promote health and well-being among their staff.

Healthy Habits

Practices or behaviors that are conducive to maintaining or improving one's physical and mental health.

Corporate Reputation

The collective perceptions and evaluations of a company's actions and its ability to meet stakeholders' expectations over time.

Workforce Diversity

Refers to a diverse set of employees in an organization, including differences in race, ethnicity, gender, age, religion, ability, and sexual orientation.