While rooting through the attic, you discover a box of old tax forms. You find that your grandmother made $125 working part-time during December 1964, when the CPI was 31.3. How much would you need to have earned in December 2015, when the CPI was 236.5, to have at least as much real income as your grandmother did in 1964

Which of the following statements is correct? large corporations are taxed more favorably than sole proprietorships. corporate stockholders are exposed to unlimited liability. due to limited liability, unlimited lives, and ease of ownership transfer, the vast majority of u.s. businesses (in terms of number of businesses) are organized as corporations. most businesses (by number and total dollar sales) are organized as partnerships or proprietorships because it is easier to set up and operate in one of these forms rather than as a corporation. however, if the business gets very large, it becomes advantageous to convert to a corporation, mainly because corporations have important tax advantages over proprietorships and partnerships. most business (measured by dollar sales) is conducted by corporations in spite of large corporations’ often less favorable tax treatment, due to legal considerations related to ownership transfers and limited liability.

Increases in output and increases in the inflation rate have been linked to

Which plan offers a tax-free education?