Saint Anthony College (SAC) is a non-stock, non-profit educational Institution. It owns a 5 hectare lot one half of which is being used as its school campus while the other half is vacant. To cope with the increasing operating costs and to upgrade its facilities, SAC plans to do the following effective January 1, 2020: (1) rent out to a marketing firm the vacant portion of the lot; (2) increase tuition fee by 10% in accordance with government regulations; and (3) import 20 sets of computers for use in its computer courses. Which of the following questions is answerable by "Yes"? a. Is SAC subject to real estate tax on the one-half portion to be rented out to a business establishment? b. Will it be exempt from income tax on its rental to the marketing firm? c. Will the increase in tuition fees be subject to income tax if it results to a net income from school operations? d. Will it be subject to customs duties on the importation of the computers?

Suppose that hubert, an economist from an am talk radio program, and kate, an economist from a nonprofit organization on the west coast, are arguing over government bailouts. the following dialogue shows an excerpt from their debate: kate: to recent financial crises, the concept of bailouts is a hot topic for debate among everyone these days. hubert: indeed, it’s gotten crazy! a government bailout of severely distressed financial firms is unnecessary because free markets will properly price assets. kate: i don’t know about that. without a bailout of severely distressed financial firms, the economy will experience a deep recession. the disagreement between these economists is most likely due todifferences in scientific judgments . despite their differences, with which proposition are two economists chosen at random most likely to agree? business managers can raise profit more easily by reducing costs than by raising revenue. central banks should focus more on maintaining low unemployment than on maintaining low inflation. employers should not be restricted from outsourcing work to foreign nations