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4.5 Role of the state in the macroeconomy

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Question 3

A service sector firm earns a pre-tax profit of £760,000. Calculate the amount of corporation tax the firm must pay if the government sets the corporation tax rate at 25%.

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4.5 Role of the state in the macroeconomy Questions

  1. A Level
  2. /Economics
  3. /4.5 Role of the state in the macroeconomy