Question

Capital​ _______. A. income in the form of interest on bonds and bank deposits and dividends on stocks is taxed twice. B. income tax is paid entirely by the lender. C. can be substituted for labor in many​ situations, so the demand for capital is elastic. D. is internationally​ mobile, so the supply of capital is highly inelastic.

Answer 1

Answer:

b.Capital income tax is paid entirely by the lender.

Explanation:

from the given information ,the capital income tax is paid entirely by the lender .The capital income that is generated from an asset because of passage of time .it is not because of an asset being used .