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Bookshelf | Print | Settings | Help | Sign Out Browse My Searches Search Go 478 a 1215% Panel (a) shows that the number of newly formed business proprietor- U.S. corporations also have decreased substantially since the early ships or partnerships has dropped significantly since the mid-2000s. 2000s Panel (b) indicates that initial public offerings of stock to form new Sources: U.S. Department of Labor, Securities and Exchange Commission, and author\'s estimates. ICS 600,000 900 Table of Contents d 500,000 Frontmatter 750 400 E 400 Part 1: Introduction D 400,000 g g 300,000 5200,000 1 00,000 0 Part 2 Introduction to Macroeconomics and Economic Growth Part 3: Real GDP Determination and Fiscal Policy Part 4: Money, Stabilization, and Growth G 450 300 150 , . Part 5: Dimensions of Microeconomics Part 6: Market Structure Resource Allocation, and Regulation Part 7: Labor Resources and the Environment Part 8: Global Economics 1995 2000 2005 2010 2015 0 1990 1995 2000 2005 2010 2015 Answers to Odd-Numbered Problems Glossary Equations and Charts Fewer New Firms Are Setting Up Shop Panel (a) of Figure 21-3 above shows t mid-2000s, at least 600,000 new U.S. proprietorships and regulations. Another reason is that U.S. corporate tax rates are among the highest in the world, and undoubtedly a number of U.S. firms incorporate abroad to avoid paying these substantial tax rates hat through the Notes Bookmarks Copyright© 2015 Pearson Education, Inc. All rights reserved. Legal Notice | Privacy Policy I Permissions l Support l Feedback 4:04 PM 1/20/2016

Solution

It is explained in the explaining the shrinking numbers of each type of business.