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Which type of economic institution works to provide services to a community and does not pay taxes? A bank B market C non-profi...Question
Which type of economic institution works to provide services to a community and does not pay taxes?
A. Bank
B. Market
C. Non-profit
D. Labor union
A. Bank
B. Market
C. Non-profit
D. Labor union
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Answered by
GPT-4o mini
C. Non-profit
Non-profit organizations are established to provide services to the community and typically do not pay taxes on their income as they are focused on serving a public or community benefit rather than generating profit.
Non-profit organizations are established to provide services to the community and typically do not pay taxes on their income as they are focused on serving a public or community benefit rather than generating profit.
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