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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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Describe an example of a problem that could be solved using the Coase theorem. Do this by defining a hypothetical situation wher
wariber [46]

Answer:

Explanation:

Theorem Utilization: Coase Theorem has been created to take care of the issue of market disappointment. Market disappointment exists where value component doesn't convey productive outcome.  

Example : For instance, dairy cattle of Rancher wandered into close to field. this is a sort of negative externalities. On the off chance that property right is given to rancher, at that point he can sue Rancher for making harm crop. Yet, there is no privilege to rancher, it suggests that privilege has been given to farmer. Presently here rancher will attempt to repay Rancher to lessen the size of his cows group.  

Three necessary conditions:

  1. The rights of property should be well defined.
  2. The rights of property should be transferable.
  3. The cost of transaction must be sufficiently small.

It doesn't make a difference whom property right is given, there will be effective results. Coase hypothesis bombs where haggling cost rises or free rider issues are seen.

3 0
3 years ago
You are bullish on Telecom stock. The current market price is $48 per share, and you have $9,600 of your own to invest. You borr
Gekata [30.6K]

Answer: 7%

Explanation:

The following can be deduced.from the question:

Loan amount = $9,600

Equity = $9,600

Market price = $48 per share

Total investment = $19,200

Growth of Investment = 5%.

We then calculate value of the investment in a year. This.will be:

= 19,200 × 1.05

= $20,160

Interest on the loan would be:

= $9,600 * 0.03

= $288

Therefore, rate of return will be:

= (20,160 - 9,600 - 288)/9,600 - 1

= 0.07 = 7%

8 0
3 years ago
First developed because of technological advances in human societies that created surplus resources.
alisha [4.7K]

Social first developed because of technological advances in human societies that created surplus resources. deviance is the kind of deviance that societies do not sanction using laws.

<h3>What is surplus resources?</h3>

Surplus is the amount of an asset or resource that exceeds the amount used. To calculate consumer surplus, simply divide the consumer's actual price by the amount they were willing to pay.

When you have more of something than you need or intend to use, you have a surplus. For example, if you cook a meal and there is food left over after everyone has eaten, you have a surplus of food.

A consumer surplus and a producer surplus are both components of an economic surplus. These two types of surplus are distinct, but both represent a specific gain for either the consumer or the producer.

To know more about surplus resources follow the link:

brainly.com/question/25219346

#SPJ4

6 0
1 year ago
A worker sets up to begin a painting job. He lays down a drop cloth and makes sure that the floor is even so that the ladder is
rodikova [14]

Answer:

You should never use the top of a ladder as a step. The employer should correct the worker’s behavior and ensure he knows the proper way to use a ladder.

Explanation:

He is standing at the top. He is not suppose to and OSHA does not approve this.

7 0
3 years ago
Select all that apply. Select the items that describe what happens at the equilibrium price. Producers supply the exact goods th
malfutka [58]
Answers are: 
<span>Producers supply the exact goods that consumers buy.
Consumers have enough goods, at the given price
</span><span>Producers use their resources efficiently

At the equilibrium price, the quantity bought= quantity sold. Consumers have enough goods at the given price, meaning that there isn't anyone who wants to buy the good at that price but can't, and producers use their resources efficiently.

The whole economy does not waste resources, since this is the market-efficient outcome, and there aren't many shortages or surpluses for the same reason. </span>
5 0
3 years ago
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