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Anni [7]
1 year ago
15

What term is used when those who benefit most from the stadium bear the highest tax burden?

Business
1 answer:
defon1 year ago
6 0

Progressive Tax is used when those who benefit most from the stadium bear the highest tax burden.

<h3>What is Progressive Tax?</h3>
  • Progressive taxes are levied at a higher rate as the taxable amount rises. When a tax rate progresses from low to high, it is said to be progressive.
  • As a result, a taxpayer's average tax rate is lower than their marginal tax rate. The phrase can be used to describe both individual taxes and an entire tax system.
  • Progressive taxes are implemented in an effort to lessen the impact of taxes on those who have a lower ability to pay because they gradually shift the incidence to those who have a higher ability to pay.
  • Regressive taxes, like sales taxes, are the antithesis of progressive taxes since they require the poor to contribute a higher percentage of their income than the wealthy.

To learn more about Progressive Tax with the given link

brainly.com/question/12416177

#SPJ4

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A financial crisis: Suppose the economy starts with GDP at potential, the real interest rate and the marginal product of capital
Masteriza [31]

Answer

The answer and procedures of the exercise are attached in the following archives.

Explanation  

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

3 0
2 years ago
The ""covenant"" traditionally signifies the a. relationship between Abraham (and later Moses) and Jahweh. b. merging of Judaic
Bogdan [553]

The correct answer to the question above is:

a. relationship between Abraham (and later Moses) and Jahweh.

The covenant was first established by Jahweh with Abraham. He showed his faith to Jahweh’s promises, obedience to His commandments, and worships Him with all his heart.

Download docx
8 0
3 years ago
The risk-free rate of return is 4%, the required rate of return on the market is 10%, and High-Flyer stock has a beta coefficien
Bess [88]

Answer:

the share should sell at $46

Explanation:

We use the CAPM method to know the required return of the capital

Ke= r_f + \beta (r_m-r_f)

risk free 0.04

market rate 0.1

beta(non diversifiable risk) 2

Ke= 0.04 + 2 (0.06)

Ke 0.16000 = 16%

Now we calculate with the dividends grow model the intrinsic value of the share:

\frac{divends}{return-growth} = Intrinsic \: Value

\frac{4.60}{0.16-0.06} = Intrinsic \: Value

$4.6/0.1 = $46

3 0
2 years ago
According to the liquidity premium theory of the term structure of interest rates, if the one-year bond rate is expected to be 4
KatRina [158]

Answer:

Interest rate on the a three year bond =5.5%

Explanation:

one-year bond rate expected = 4%, 5%, 6% for the next three years

liquidity premium on a three year bond = 0.5%

number of years = 3

The interest rate on the a three year bond can be calculated as

= liquidity premium + ( summation of bond rates for the next three years/number of years )

= 0.5 + ( (4+5+6)/3)

= 0.5 + ( 15/3)

= 0.5 + 5  = 5.5%

4 0
3 years ago
Where can you find information about the cost of goods sold as well as total
yawa3891 [41]

The adjusted trial balance represents the cost of goods sold as well as total sales. Thus, option D is correct.

<h3>What is the cost of goods sold? </h3>

Cost of goods means the direct cost that is included in the making of the goods. The cost of goods is calculated by adding the purchase price of the commodity and deducting the closing inventory.

A report known as an adjusted trial balance lists all the debit and credit firm accounts exactly as they would appear on the accounting records after reconciliations have been made. Therefore, option D is the correct option.

Learn more about the cost of goods sold, here:

brainly.com/question/14665160

#SPJ1

3 0
1 year ago
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