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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

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Answer:

$ 1844

Explanation:

A = P (1 + r / n) ^ nt ; where

A = Final Amount , P = Principal base, r = Interest rate , t = no. of time periods (usually years) , n = compounding in a time period (annually)

Given : P = 1700 , r = 2% , t = 4 , n =  12

A = 1700 [ 1 + 0.02 / 12 ] ^ (12 x 4)

1700 [ 1 + 0.0017 ] ^ (12 x 4)    

1700 [ 1.0017 ] ^ 48  

1700 [1.0849]

= 1844

6 0
3 years ago
Match the career with the education that the job requires.
natita [175]

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8 0
3 years ago
Which of the following statements best describes the attitudes of an old-style manager?Most people wish to avoid responsibility,
Shkiper50 [21]

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The correct answer is: Most people wish to avoid responsibility, have little ambition, and want security.

Explanation:

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The motivation of workers were purely by bonus and monetary benefits. The general idea was that workers were inspired to perform the job if they are paid according to their contributions. Workers are considered economic beings.  Man was considered a rational and not an emotional being.  It assumes that man wants only money, and this assumption provides the maximum opportunity to exploit employees.  The idea that people avoid responsibility is due to the hierarchy and chain of command, the responsibility of the work rests on the superior.

8 0
3 years ago
in the past several decades, many companies have made effective use of flexible accumulation—the strategy used by transnational
tester [92]

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It has more than 7,000 factories overseas that manufacture products for the company.

Explanation:

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1 year ago
The following is the data for Lauren Enterprises:
vovangra [49]

Answer:

b. $965,000

Explanation:

Calculation of Cost of Goods Manufactured

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Direct material used                     $265,000

Direct labor                                   $300,000

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Total manufacturing cost           <u>$965,000</u>

8 0
3 years ago
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