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发布时间:2024-02-07 01:11:13

[单项选择]Which one of the following propositions would a strong proponent of supply-side economics be most likely to stress()
A. Higher marginal tax rates will lead to a reduction in the size of the budget deficit and lower interest rates, since they expand government revenues.
B. Higher marginal tax rates promote economic inefficiency and thereby retard aggregate output, since they encourage investors to undertake low productivity projects with substantial tax-shelter benefits.
C. Income redistribution payments will exert little impact on real aggregate supply, since they do not consume resources directly.

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The normal income statement which constitutes one of the financial statements of company, is financial income statement. So functional income statement is an income statement that segregates all costs by use; it shows revenues less cost of goods sold ( gross margin) less selling and administrative expenses. This approach is useful for financial reporting purpose; it provides outside readers with information about company’s progress and about which functional areas are being emphasized. For management’s use in the decision-making process, however, an income statement that follows a cost behavior approach, often referred to as a Contribution Margin Income Statement, is more valuable.

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