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]
2 years ago
14

Theoretically high taxes slow the economy because

Business
1 answer:
Vlad1618 [11]2 years 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
Kaspar Corporation makes a commercial-grade cooking griddle. The following information is available for Kaspar Corporation's ant
Leto [7]

Answer:

Total cost per unit is $77

Explanation:

Fixed manufacturing overhead per unit = Total fixed manufacturing overhead ÷ Number of units

= $478,800 ÷ 34,200 = $14 per unit

Fixed selling and administrative expenses per unit = Total Fixed selling and administrative expenses ÷ Number of units

= $171,000 ÷ 34,200 = $5 per unit.

Total cost per unit = Direct material + Direct labor + Variable manufacturing overhead + Fixed manufacturing overhead + Variable selling expenses + Fixed selling expenses

Total cost per unit = $15 + $5 + $11 + $14 + $5 + $5 = $55 per unit.

Markup = 40% of total cost = $55 × 40% = $22

Therefore, total selling price per unit = Cost per unit + Markup

= $55 + $22 = $77 per unit.

7 0
4 years ago
Suppose market forces outside of the control of the Chinese government are causing the price of Chinese yuan in terms of Japanes
pochemuha

Answer:

A. file a pegging application with one of the three international currency-management agencies.

8 0
3 years ago
The function in a reverse logistics process that takes used goods from customers and distributes them to the production process
koban [17]

The function in a reverse logistics process that takes used goods from customers and distributes them to the production process or to distributors and retailers is the returns processor.

<h3>What is reverse logistics?</h3>

In order to recapture value and put a stop to the product's lifespan, reverse logistics is the set of operations that are carried out following a sale. Usually, this entails sending a product back to the maker or distributor, or sending it somewhere else for repair, recycling, or servicing.

Reverse logistics, on the other hand, refers to any process that is carried out after a product has been sold. When a product is determined to be flawed, for instance, it is returned to the manufacturer for inspection, testing, repair, disassembly, recycling, or appropriate disposal.

To learn more about reverse logistics visit:

brainly.com/question/25380728

#SPJ4

7 0
2 years ago
Which of the following is an intangible noncurrent asset?
EleoNora [17]
The answer is A. Equipment
5 0
3 years ago
A typical company has many types of​ shareholders, from individuals holding a few​ shares, to large institutions that hold very
pshichka [43]

Answer:

The correct option here is A) .

Explanation:

It is widely accepted that the main objective of a company is to maximize the value of company by maximizing the wealth of shareholders, which is represented through market price of company's shares ( stocks ) . Company's all around the world have made this their primary objective because if a company is not able to increase its value then its shareholders would think that the risk associated with the company has increased and it will lead them to take their investment out of company, so it is very important that a company's management ( or manager ) works in such way that shareholders wealth is maximized.

4 0
3 years ago
Other questions:
  • What are the advantages and disadvantages of Frito-Lay drivers stocking their customers’ shelves?
    10·1 answer
  • A purely competitive firm finds that the market price for its product is $30.00. It has a fixed cost of $100.00 and a variable c
    9·1 answer
  • Hewlett-packard is currently exploring new products and markets through the development of digital imaging products in its plant
    7·1 answer
  • On April 1, 2021, BigBen Company acquired 30% of the shares of LittleTick, Inc. BigBen paid $100,000 for the investment, which i
    9·1 answer
  • According to the theory of constraints, it is wrong for manufacturers to try to match capacity with demand by attempting to bala
    8·1 answer
  • Which of the following statements about business writing is most accurate?
    7·1 answer
  • Assume cereal and milk are complements for most consumers. Use the slider to show what will happen to the demand for cereal if t
    8·1 answer
  • As in any crisis, opportunities develop. Name three firms that have maximized their competitive advantage during this time. Name
    15·1 answer
  • A twenty-acre park was created to give residents a place to hike, bike, and enjoy other recreational activities. Kathy was hired
    6·2 answers
  • When computing the present value, the interest rate will vary depending on the amount of risk. riskier investments, such as fdic
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!