Answer: Has increased.
Explanation: Income per person has increased over the years because the cost of living and expenses have also increased. As the cost of items go up, income increases to help consumers be able to afford living and purchasing goods and services.
Since the coffee beans arrived on September 2 instead of on
September 1, LaTisha's best defense would be breach of a legally binding
contract by Marco. Marco failed without, any legal excuse, to deliver the
products as promised. Marco violated the legal agreement between the two
parties since he did not perform his obligation.
Answer:
The answer is option 3:
Progressive
Explanation:
The overall federal tax system is progressive, with total federal tax burdens a larger percentage of income for higher-income households than for lower-income households.
Individual income taxes are an example of progressive tax structure.
Progressive tax are the tax for which the percentage of income paid in taxes increases as income increases.
A tax determined by an individual's income from all sources are called Individual income tax.
Answer:
a. 9,000; 10,000
Explanation:
The computation is shown below:
The money multiplier is
= 1 ÷ 0.10
= 10
Now If $1,000 are deposited in banks and the expected reserve ratio is 0.10 ration so the lending amount is $900.
And now if we considered the money multiplier, so it would be increased by
= $900 × $10
= $9,000
And, the increase in money supply is
= $9,000 + $1,000
= $10,000
Hence, the correct option is a.
Answer:
<em>There is a direct relation of the productivity, economic growth, and future standards of living with the investment in factories, machinery, new technology, and the health, education, and training of people.</em>
Explanation:
- <u><em>Relation with the investment in factories, machinery, new technology </em></u>
If there is larger investment in factories, machinery and new technology (fixed assets investing) then there will be more production which will require more labour. With more production, there will be more consumption thereby. The profits of the enterprises will increase and hence more taxes will be paid to the government, labour income in the economy will rise and hence there will be more consumption thereby. More taxes to the government will imply more public spending by the government.
So, saying all of that <em>productivity, economic growth, and future standards of living </em>will be in a much better place with the increase in fixed assets investing and vice-versa.
2. <u><em>Relation with the investment in health, education, and training of</em></u><em> </em><u><em>people</em></u>
With the increased investment in health, education and training, people would be able to work more and better. Thereby, implying <em>higher incomes and productivity leading to more economic growth and ultimately better future standards of living.</em>
