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2 years ago

What are some of the services and programs that are funded by income taxes?.

1 answer:

6 0

The service and programs supported by income tax are health covers, security to the society , educational schemes, interest on the debt of the country and so on.

<h3>What are the benefits provided by the government?</h3>

The services and programs funded by income tax utilize for the welfare of the society. This income tax is used in the development of infrastructure and to increase growth opportunities in the country.

The Government purchased arms and weapons to protect the country from neighbour rival countries and provide security to the citizens. They use this amount in the invention of new medicines or research.

The Government launched new schemes to educate individuals and also provide them with employment opportunities. They also provide healthcare facilities to their citizens.

Therefore, these are the services that are funded to provide support and safety to the citizens of the country.

Learn more about government schemes, here:

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Calculate the ROE using the Strategic Profit Model for a company with the following data: Profit margin = 12% Total asset turnov

Svet_ta [14]

Answer:

≅ 21.8%

Explanation:

The Return on Equity can be calculated by ,

ROE = Net Profit Margin × Return asset × Financial leverage

Net profit margin = Profit margin = 12%

Return Asset = Total Asset turnover = 1.4

Financial leverage = Equity Multiplier = 1.3

Therefore,

ROE = 12 × 1.4 × 1.3

= 21.84% .

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3 years ago

Supply-side policies have proven that smaller government makes the economy more efficient. Select one: True False

scoundrel [369]

Answer:

The given statement is "False".

Explanation:

Supply-side policies include those strategies that increase the economic ability of an enterprise as well as the ability to manufacture. To increase supply-side efficiency, there are also many specific steps that somehow an authority may undertake.
Any strategy that increases the economic capacity of a nation's infrastructure and therefore its ability to transfer should be under the supply-side legal framework.

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3 years ago

Which of the following is true?a. Anticipated inflation is an increase in the price level that comes as a surprise, at least to

prisoha [69]

Answer:Answer:

C) Decision makers are generally able to anticipate slow steady rates of inflation with a fairly high degree of accuracy

Explanation:

Inflation from definition: Inflation is the persistent rise in the general price of good and services. So one of the factors that can help anticipate and manage inflation is:

Money Supply and Inflation

The quantity theory of money means that as money supply is increases it will lead to increase in inflation. This is because of the correlation between money supply and inflation, illustrated in the equation MV=PT where V and T are autonomous of the Money Supply. Nevertheless, in practise empirical evidence has shown that increased money supply doesn’t certainly cause inflation, as there are other components differentiating money supply and inflation.

But the answer that decision makers are generally able to anticipate slow steady rates of inflation with a fairly high degree of accuracy is because with the money slow level, they can anticipate and manage inflation

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3 years ago

cyclical unemployment refers toa. short-run fluctuations around the natural rate of unemployment.b. changes in unemployment due

Vera_Pavlovna [14]

Cyclical unemployment refers to short-run fluctuations around the natural rate of unemployment.

Cyclical unemployment is the portion of overall unemployment that is a direct outcome of economic boom and bust cycles. Generally speaking, unemployment increases during recessions and decreases during economic expansions. The purpose of the different policy instruments used by governments to boost the economy and a major motivator for studying economics is to reduce cyclical unemployment during recessions.

In the context of the business cycle, cyclical unemployment is related to the erratic ups and downs, or cyclical trends in growth and production, as indicated by the GDP. The downturn usually turns into an upturn, followed by another downturn in most business cycles.

Learn more about Cyclical unemployment, here

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1 year ago

The Clyde Corporation's variable expenses are 40% of sales. Clyde Corporation is contemplating an advertising campaign that will

EastWind [94]

Answer:

The net increase in operating income would amounts to $ 20,000

Explanation:

Computing the contribution margin ratio using the formula as:

Contribution Margin (CM) ratio = 1 - Variable expense ratio

where

Variable expense ratio is 40% or 0.40

Contribution Margin ratio 1 - 0.40

Contribution Margin ratio = 0.6

Now, computing the increase in the net operating income as:

Increase in net operating income = (Contribution Margin ratio × Increase in sales) - Increase in fixed expenses

where

Contribution Margin ratio is 0.6

Increase in Sales is $75,000

Increase in fixed expenses is $25,000

Putting the values above:

Increase in net operating income = (0.6 × $75,000) - $25,000

Increase in net operating income = $45,000 - $25,000

Increase in net operating income = $20,000

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3 years ago