Answer:
20,000- to 25,000-hour mark
Explanation:
Good investment growth in the country
The federal government's power to tax, regulate commerce among the states, and to declare war are all examples of enumerated
<h3>What is
tax ?</h3>
Tax is a sort of levy and is defined as an obligatory financial charge or other type of levy placed on a taxpayer by a governmental organization to pay for government expenses and other public expenditures.
The amount of taxable income is reduced by a tax deduction.
A standard deduction is one with a single, set dollar amount.
Because they usually have considerable deductible costs like state and local taxes paid, mortgage interest, and charitable donations, itemized deductions are popular with higher-income individuals.
The percentage of an individual's or corporation's income that is paid in taxes is known as the effective tax rate.
The average tax rate paid by an individual on both earned and unearned income, such as stock dividends, is known as their effective tax rate.
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Answer:
It's a unit of measurement that is used to find out the country's economic output per person
Explanation:
GDP per capita is calculated by dividing the total amount of the Gross Domestic Product with the total amount of population that they have. It's a more reliable way to measure a country's wealth rather than using a GDP alone.
Higher GDP doesn't always mean that a certain country is more efficient in managing their economy compared to other country.
Countries with higher population tend to have higher GDP, but it doesn't mean that each person in that country has efficiently contributed to the country's economy.
For example, Singapore is a richer country than India even though it has a way smaller GDP. India produced a GDP of 2.719 trillion USD in 2018, while Singapore produced around GDP of 364.2 billion USD in 2018.
But, India earned that GDP by pooling out the strength from 1.353 billion population. Singapore on the other hand get that GDP from only having 5.639 million population GDP.per capita in Singapore is around 64,581.94 US , While India's GDP per capita is only around 2,009.98 USD
