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aev [14]
1 year ago
12

If the united states government lowers the income taxes on the wealthiest americans, while decreasing welfare payments to the po

orest americans, the result will likely be in efficiency and in equality in the united states.
Business
1 answer:
DanielleElmas [232]1 year ago
3 0

If the united states government lowers the income taxes on the wealthiest americans, while decreasing welfare payments to the poorest americans, the result will likely be <u>increase</u><u> in</u>efficiency and in <u>inequality</u> in the united states

<h3>What is equality?</h3>

Equality can be defined as the way in which wealth or income are distributed equally or when their is equal wealth distribution  in a society.

If the united state of America intend to reduce the income taxes of the richest people and reducing the poor people welfare payment the outcome of this action is that it will lead to inefficiency while increase equality or  reducing inequality.

Therefore the result will likely be <u>increase </u>efficiency and in <u>equality</u> in the united states

Learn more about Equality here: brainly.com/question/1296408

#SPJ1

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The answer is b
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3 years ago
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Bill operates a proprietorship using the cash method of accounting, and this year he received the following: $150 in cash from a
Igoryamba

Answer:

$555

Explanation:

The cash method of accounting records revenue when cash is received,and when expenses are paid in cash.

Bill received the following cash:

1. $150 dollars in cash was from a customer.

2. tickets worth $225 as  payment for services performed last year.

3. $180 check for services rendered this year.

Bill's income on schedule c would be a summation of all payments received.

= $150 + $225 + $180

Bill would receive an income of $555

7 0
3 years ago
When sold at a 40% discount, a sweater nets the merchant a 20% profit on the wholesale cost at which he initially purchased the
Airida [17]

Answer:

100%

Explanation:

Let the normal retail price of the sweater be 'SP' and the cost price be 'CP'

Therefore,

The selling price = SP - 40% of SP = SP - 0.4SP = 0.6SP

Now,

the profit = 20% of CP = 0.2CP

also,

Profit = Selling Price - Actual price

or

0.2CP = 0.6SP - CP

or

1.2CP = 0.6SP

Or

CP = 0.5SP

or

SP = 2CP

thus,

Increase percentage in sweater marked up from wholesale at its normal retail price

= \frac{SP-CP}{CP}\times 100

or

=  \frac{2CP-CP}{CP}\times 100

= 100%

3 0
2 years ago
Who investigates complaints of the Holden Act and takes remedial action as required by law? The Department of Housing and Urban
o-na [289]

Answer:

The Department of Housing and Urban Development

Explanation:

The Holden act or the California Housing Financial Discrimination Act of 1977, <u>states that financial institutions cannot discriminate against people applying for loans or financial assistance,</u> for reasons such as; race, color, ethnicity and religion.

The Holden act is enforced by the Department of Housing and Urban Development.

5 0
3 years ago
______ is best described as a
CaHeK987 [17]

The technique used to find relationships between variables for the purpose of predicting future values is known as regression analysis.

<h3>What is the importance of regression analysis?</h3>

To find the most significant factors impacting the issue by using reliable sources, regression analysis is used.

It helps to identify the factors based on priority like important factors, factors that can be ignored and the connection between those elements to predict the values for future.

Learn more about regression analysis, here:

brainly.com/question/17063237

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3 0
1 year ago
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