<h2>PRINCIPAL OF INCOME TAXATION </h2>
The benefit principle of taxation is based on two ideas. The first and foremost is that those who benefit from services should be the ones who pay for them. Secondly, people should pay taxes in proportion to the amount of services or benefits they receive.
Explanation:
HOPE IT HELP U MAKE
Answer:
The correct answer is C, The staff thinks that an emergency won't happen to them.
Explanation:
Emergency plans are necessary in all practices. Staff must be fully taught of what has to be done and what would be the plan in case of emergency. But most practices don't have emergency plans. This is because of the fact that the staff thinks that an emergency won't happen to them. This is not a wise approach. Emergency planning has to be done in all practices because nobody know what happens in the next second.
Answer:
The marginal propensity to consume is 0.7.
Explanation:
The marginal propensity to consume (MPC) is a measure to determine the increase in consumer spending as a result of increase in disposable income. The marginal propensity to consume can be calculated by dividing the change in consumer spending by the change in disposable income.
MPC = change in consumption / change in disposable income
Thus, MPC = 14 / 20 = 0.7 or 70%
