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1 year ago

Theoretically high taxes slow the economy because

1 answer:

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.

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Peyton sells an office building and the associated land on May 1 of the current year. Under the terms of the sales contract, Pey

Westkost [7]

Answer:

$2,466,000

Explanation:

Given that,

Cash Received = $1,600,000

Mortgage assume by purchaser = $950,000

Broker's commission = $75,000

points paid by seller = $9,000

Peyton's amount realized:

= Cash Received + Mortgage assume by purchaser - broker's commission - points paid by seller

= $1,600,000 + $950,000 - $75,000 - $9,000

= $2,466,000

Therefore, the amount realized by Peyton is $2,466,000.

4 0

2 years ago

M7_IND4. Andre Greipel is the owner of a small company that produces heart rate monitors. The annual demand is for 2,250 heart r

Stolb23 [73]

Answer :

a) Economic Production Quantity = 1,612 monitors

b) Number of setups = 1.4

c) Total cost = $972.12 per year

Explanation :

As per the data given in the question,

a) Economic Production Quantity = sqrt((2 × annual demand × set up cost) ÷ carrying cost × (1 - daily demand ÷ daily production))

=sqrt((2 × 2,250 × $350) ÷ $0.80 × (1 - 35 ÷ 140))

= 1,620.19

= 1,621 monitors

b) Number of setups = Annual demand ÷ Economic production quantity

= 2,250 ÷ 1,621

= 1.3880

= 1.4

c) Formula of Total cost = Carrying cost + Annual setup cost

Carrying cost=(Economic production quantity ÷ 2) × Carrying cost × (1 - daily demand ÷ daily production)

= (1,612 ÷ 2)× $0.80 × (1 -35 ÷ 140)

= $486.30

Annual setup cost = (Annual demand ÷ Economic production quantity) × setup cost

= (2,250 ÷ 1,621) × $350

= $485.812

So, Total cost = $486.30 + $485.812

= $972.12 each year

We simply applied the above formulas

6 0

2 years ago

____ 16. a decrease in the price of domestically produced nuclear reactors will be reflected in

Alchen [17]

I guess the correct answer is the GDP deflator but not in the consumer price index.

A decrease in the price of domestically produced nuclear reactors will be reflected in the GDP deflator but not in the consumer price index.

8 0

2 years ago

The economic system in which the state controls the economy is called

allsm [11]

State Capitalism or a Centrally Planned Economy

3 0

2 years ago

the length and Length breadth and height of a room in a house are 8m 6m and 4m respectively the house on a decides to paint the

trasher [3.6K]

Answer:

$Cost\ of\ 112m^2 = 4.48$

Explanation:

Given

<u>Dimension</u>

$Length= 8m$

$Breadth = 6m$

$Height = 4m$

Cost per $m^2$ = 0.04

Required

Determine the total cost to paint 4 walls

First, we need to calculate the area of the 4 walls.

$Area = 2*(Length * Height) + 2 *(Breadth * Height)$

Substitute values for Length, Breadth and Height

$Area = 2*(8m* 4m) + 2 *(6m* 4m)$

$Area = 2*(32m^2) + 2 *(24m^2)$

$Area = 64m^2 + 48m^2$

$Area = 112m^2$

Cost per $m^2$ = 0.04.

$Cost\ of\ 112m^2 = 112 * 0.04$

$Cost\ of\ 112m^2 = 4.48$

8 0

2 years ago