An LLC can be taxed either as a pass-through entity, like a sole proprietorship or partnership, or as a regular corporation. By default, an LLC is taxed as a pass-through entity, where the owners just pay taxes on the profits of the LLC at their individual tax rates. This is different from a regular C Corporation, which pays a corporate tax on its net income before distributing profits to the stockholders (the owners) as dividends.
Canada has a mixed economy. It can also sometimes be called a consumer-based economy, or a demand economy. This means that goods and services are produced based on demand: what consumers are willing to buy and the prices we are willing to pay.anada has a mixed economy. It can also sometimes be called a consumer-based economy, or a demand economy. This means that goods and services are produced based on demand: what consumers are willing to buy and the prices we are willing to pay.
1. Identify the type of economy featured in the United States. A. Command Economy A. B. Market Economy B. C. Mixed Economy C. D. Traditional Economy D. 2. Which is the strongest motivating force within a market economy system? A. Governmental Agencies offers little freedom of choice to citizens B. Individual Self-Interests B. C. Labor Unions C. D. bartering occurs to obtain goodsThe United States Constitution D. 3. The factors of production are owned by _____ in a command economy. A. The Government B. Individual Citizens C. Owners of Property partner D. The Mass Media B. express permission from the government or herself 4. A mixed economy combines two different economic types. Which two economic types are combined? Market and Traditional Economies Command and Market Economies Traditional and Factor Economies Market and Traditional Economies 5. A traditional economy is defined as: A. A structure run by the government that A market run by a single seller