If US Consumers Increase Their Spending on Hybrid Cars by 60

question 41

Multiple Choice

If U.S. consumers increase their spending on hybrid cars by 60 percent, and 60 percent more hybrid cars are produced, this is known as the

• A)majority rule.
• B)proportional rule.
• C)government rule.
• D)profit rule.

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Definitions:

Individual Income Tax Returns

Documents filed by individuals to report income, claim deductions, and determine the amount of tax owed to or refundable by the government.

Corporate Profits Tax

A tax imposed on the net income of a corporation, calculated after operational and capital expenses have been deducted.

Corporate Sector

Refers to the segment of an economy comprised of private and publicly traded corporations, involved in commercial and industrial activities.

Noncorporate Sector

Parts of the economy that are not incorporated as businesses, including households, sole proprietorships, and some partnerships.