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Vedmedyk [2.9K]
2 years ago
8

Suppose you live in a country with a proportional tax system. You make $20,000 a year and pay $5000 in taxes. Your friend, Naomi

, makes twice as much money as you. What amount can she expect to pay in taxes this year
Business
1 answer:
Finger [1]2 years ago
8 0

Answer:

10,000

Explanation:

20,000 doubled is 40,000. If 20,000 is 5,000, then 40,000 is 10,000

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Why do people keep money in transaction accounts?
Scorpion4ik [409]

Answer:

so they have savings I don't I'm just guessing

7 0
3 years ago
The united states exports corn and aircraft to the rest of the world and it imports oil and clothing from the rest of the world.
Maurinko [17]

Producing corn was one of the things that the Midwest in the US is good at (they are better than the Himalayas), therefore, US exporting corn to the Himalayas would be expected.

 

They are also expected to make airplanes to deliver to other countries (together with computers) since the US is relatively technologically advanced.

<span>
The US needs to import some oil unless they want to price to dramatically increase even though the US does not have enough oil to supply the whole country.</span>

 

<span>The US will also allow China to produce clothing for them and to make other things to send to China since it is much cheaper to produce clothing elsewhere.</span>

5 0
3 years ago
Read 2 more answers
What population problem is India facing, and what are the consequences of this situation?<br>​
dusya [7]

Answer:

over population and the consequences are limited space, global warming, and more poor people

7 0
3 years ago
What U.S. State is known as the Beehive State?
JulsSmile [24]

Answer:

Utah

Explanation:

Utah territory became a state in 1896 and retained the beehive symbol on their flag.

Hope it helps!

7 0
3 years ago
Read 2 more answers
A townhouse is purchased for $475,000. If the transfer tax is $2.00 on the first $1,000. and $0.10 for each additional $100., ho
masya89 [10]

Based on the information given the amount of the transfer taxes is $476.

Using this formula

Total transfer tax=[(Purchased price+ First transfer tax)×(Additional tax)]+Transfer tax

Let plug in the formula

Total transfer tax=[($475,000-$1,000)×($0.10/$100)]+$2

Total transfer tax = ([$474,000 x .001] + $2)

Total transfer tax=$474+$2

Total transfer tax=$476

Inconclusion the amount of the transfer taxes is $476.

Learn more here:brainly.com/question/17122829

5 0
2 years ago
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