1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Sveta_85 [38]
1 year ago
14

Theoretically high taxes slow the economy because

Business
1 answer:
Vlad1618 [11]1 year ago
4 0

High taxes in theory would slow the economy because they redirect money from the private sector to the government and reduce consumption.

<h3>How do high taxes slow the economy?</h3>

The economy grows when the private sector produces more and grows. High taxes will take money from this sector which would leave less cash for growth investment.

High taxes also reduce the amount that people have for consumption which would reduce Aggregate demand.

Find out more on Aggregate Demand at brainly.com/question/1490249.

#SPJ12

You might be interested in
PLEASE HELP ME !
Arada [10]

Answer: My business is a dry cleaners. We clean clothes, household items, press shirts, sterilize and anything else our community may need with regard to cleaning apparel

Explanation:

4 0
3 years ago
Bramble Corp. incurs the following costs to produce 9900 units of a subcomponent: Direct materials$8316 Direct labor11187 Variab
matrenka [14]

Answer:

$3,762

Explanation:

The computation is as seen below

Total cost when the production is 9,900 units

Direct materials $8,316

Direct labor $11,187

Variable overhead $12,474

Total $31,977

But,

Their new cost on supplier offer is

= $2.85 × 9,900 units

= $28,215

In the case when the order is accepted, the net income would increase by

= $31,977 - $28,215

= $3,762

5 0
2 years ago
Symbic Foods, a chain of fast food restaurants, has included a drop-down menu on its main Web site. With this drop-down menu, pe
zvonat [6]

Answer:

localization of a Web site.

Explanation:

When a web site of a company is localised, it provides information. To users that is relevant to their locality. The access to local information about the business helps to drive sales at local stores of the business

In this instance localisation of the website is done by including a drop-down menu on its main Web site. With this drop-down menu, people can view their country-specific Web site, which contains information about the dishes that Symbic Foods serves in that country.

5 0
3 years ago
Heidebrecht Design acquired 20% of the outstanding common stock of Quayle Company on January 1, 2014, by paying $800,000 for the
DedPeter [7]

Answer:

Detailed step wise solution is given below:

4 0
3 years ago
Being antisocialble with people can lead you in serious danger
TEA [102]

Answer:

is this a question?

if its true or false its false

6 0
3 years ago
Other questions:
  • If Pam clicks Rotate Right on the Drawing toolbar twice, how many degrees will her image rotate?
    7·1 answer
  • A combination of news covered by the media that boosts sales without having to pay is best described by the term ________.
    11·1 answer
  • Motivation is​ a(n) ____________. A. model B. attitude C. paradigm D. theory E. process
    11·2 answers
  • Why would banks offer lower interest rates for loans?
    5·2 answers
  • A student would like to buy cross-over SUV from a local dealer, but she thinks the payments will be too high. Marketing does not
    10·1 answer
  • If real GDP increased from $10 billion to $11 billion from the first quarter of 2016 to the first quarter of 2017, but had incre
    8·1 answer
  • if increasing the number of goods produced is one way to increase productivity what is the other way to increase productivity
    9·1 answer
  • mr sumesh started selling cars at the age of 23 and he then started selling planes at the age of 43 years. what is the fraction
    13·1 answer
  • 32 POINTS! Please answer QUICKLY! Giving away a product for free can be a good business practice. Why is this TRUE?
    8·2 answers
  • A firm or individual providing financial capital to small businesses in exchange for an ownership stake in the company is called
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!