scenario: country sc hopes to create change in its technology industry. to influence the industry, the…

scenario: country sc hopes to create change in its technology industry. to influence the industry, the government implements a new fiscal policy by lowering the corporate tax rate. what are the most likely effects of this policy? check all that apply. businesses will likely pay workers less. businesses will likely hire more workers. businesses will likely earn higher profits. businesses will likely invest less in the economy. businesses will likely invest more in the economy.

scenario: country sc hopes to create change in its technology industry. to influence the industry, the government implements a new fiscal policy by lowering the corporate tax rate. what are the most likely effects of this policy? check all that apply. businesses will likely pay workers less. businesses will likely hire more workers. businesses will likely earn higher profits. businesses will likely invest less in the economy. businesses will likely invest more in the economy.

Answer

Brief Explanations:

When the corporate - tax rate is lowered, businesses have more after - tax income. This can lead to higher profits. With more funds available, they may hire more workers and invest more in the economy. There is no direct reason for them to pay workers less, and they are likely to invest more rather than less.

Answer:

Businesses will likely hire more workers. Businesses will likely earn higher profits. Businesses will likely invest more in the economy.