Which of the Following Had a Significant Impact on the Change

question 32

Multiple Choice

Which of the following had a significant impact on the change that the venture capital industry went through in the early 1970's?

• A) the lowered top personal tax rate on capital gains from 35% to 28%
• B) the adoption of the "Prudent Man Rule"in 1979
• C) the restructuring of the economy in 1975
• D) a and b

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Definitions:

Taxable Entity

A taxable entity is any legal identity or structure that is required to pay taxes to a federal, state, or local government.