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7nadin3 [17]
2 years ago
9

A likely outcome from taxing the rich at a high percentage in order to ________ income, would be discouraged entrepreneurship an

d work
Business
1 answer:
Musya8 [376]2 years ago
4 0

A likely outcome of taxing the rich at a high percentage in order to <u>redistribute</u> income would be discouraged entrepreneurship and work.

Redistribution of income and wealth is the switch of earnings and wealth (which includes bodily property) from a few individuals to others through a social mechanism together with taxation, welfare, public services, land reform, monetary rules, confiscation, divorce, or tort law.

Income redistribution will lower poverty by way of lowering inequality if completed properly. However, it may not boost up the increase in any most important way, besides possibly by way of lowering social tensions springing up from inequality and allowing terrible human beings to devote more sources to human and physical asset accumulation.

Governments can play a position in growing or lowering profits inequality through taxes (e.g. tax exemptions) and transfers (e.g. allowances or subsidies). The Gini coefficient is the usual degree of inequality representing the earnings distribution of the populace within a given country.

Learn more about Redistribution of income here brainly.com/question/24852575

#SPJ4

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Adrian Corp. sells goods on account for $100,000 on May 1. On May 15, the customer returns $40,000 of the merchandise. The custo
ololo11 [35]

Answer:

C. DEBIT TO SALES RETURNS

D. CREDIT TO ACCOUNTS RECEIVABLE

Explanation:

The journal entry to record the May 15 transaction is shown below:

Sales return and allowance A/c Dr $40,000

                     To Accounts receivable $40,000

(Being sales return is recorded)

For recording the given transaction we debited the sales return and credited the account receivable. Both are recorded for $40,000

5 0
2 years ago
Explain and compare between administrative marketing and entrepreneurial marketing
Simora [160]
Business Orientation: While traditional marketing is defined by customer orientation, entrepreneurial marketing is defined by entrepreneurial and innovation orientation. ... Entrepreneurs interact with customers through activities like personal selling and relationship marketing.
Entrepreneurial Marketing: 6 Characteristics of Entrepreneurial Marketing
Proactive Orientation: ADVERTISEMENTS: ...
Innovativeness: ...
Focus on the Customer: ...
Utilizing an Opportunity: ...
Risk Management: ...
Value Creation: A contemporary definition that meets the present scope in which entrepreneurial marketing is defined as: “The proactive identification and exploitation of opportunities for acquiring and retaining profitable customers through innovative approaches to risk management, resource leveraging and value creation.” Traditional marketing has many facets. For instance, it includes tangible items like print ads in magazines or newspapers, business cards. It can also include commercials on radio or TV, posters, brochures and billboards. Anything except digital ways to promote your brand is traditional marketing. The four main sources of entrepreneurial marketing ideas are the new markets for existing products, new products, turning ideas into business opportunities and innovative approaches to existing markets.
3 0
3 years ago
The truth in lending act is contained in title of I of the:
densk [106]

Answer:

truth of lending act

Explanation:

laid the foundation for consumer protection

6 0
3 years ago
Jerome Corporation's bonds have 15 years to maturity, an 8.75% coupon paid semiannually, and a $1,000 par value. The bond has a
aleksklad [387]

Answer:

5.01%

Explanation:

The bond nominal yield to call is  5.01%

4 0
3 years ago
Read 2 more answers
A stock has an expected return of 11 percent, its beta is 1.20, and the risk-free rate is 4.4 percent. What must the expected re
Drupady [299]

Answer:

Expected market return = 9.8%

Explanation:

The expected return on the market can be worked out using the Capital Asset Pricing Model.

<em>The capital asset pricing model is a risk-based model. Here, the return on equity is dependent on the level of reaction of the the equity to changes in the return on a market portfolio. These changes are captured as systematic risk. The magnitude by which a stock is affected by systematic risk is measured by beta. </em>

Under CAPM, Ke= Rf + β(Rm-Rf)

Rf-risk-free rate (treasury bill rate)- 4.4%

β= Beta - 1.20

Rm= Return on market.- ?

Applying this model, we have

11%= 4.4%+ (R-4.4%)×1.20

0.11-0.044= 1.20×(R-0.04)

0.07 = 1.20R-0.048

Collect like terms

0.07+0.048 = 1.2R

Divide both sides by 1.20

R= (0.07+0.048)/1.20

R=9.83%

Expected market return = 9.8%

3 0
3 years ago
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