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weqwewe [10]
3 years ago
13

1.

Business
2 answers:
Soloha48 [4]3 years ago
8 0
<span>#1) Which of the following is not true concerning Income Tax Refunds?

Answer: Out of all the options that are presented above the one that is not true concerning Tax Refunds is that It is advantageous to receive a large sum of money in the form of a refund so that you can use the money to pay down debt.

#2) When claiming dependents, they must meet the following criteria EXCEPT:

Answer: Out of all the options that are available the only one that is not a criteria that they must meet when claiming dependents is that the dependent must reside with you for the entire year.

#3) If you opt to put money in a medical flexible spending account rather than trying to amass enough medical expenses to itemize on your tax return, you are taking advantage of _____.

Answer: Out of all the options that are presented the one that completes the statement and makes it true is an Exclusion.

#4)A form of taxation in which everyone pays an equal rate of taxes is called a _____.

Answer: Out of all the options that are presented the one that completes the statement and makes it true is Flat Tax.

#5) A form of taxation in which the highest income earner pays the largest percentage of taxes is called a _____.

Answer: Out of all the options that are presented the one that completes the statement and makes it true is a progressive tax.

#6) A form of taxation in which the lowest income earners pay the largest percentage of taxes is called a _____.

Answer: The form of taxation that the lowest income earners pay the largest percentage of taxes is called a regressive tax.

#7) Which of the following is not considered part of your gross income?

Answer: Out of all the options that are show the one that is not considered part of your gross income are bartered goods and services.

#8) Which of the following is not true about your adjusted gross income?
</span><span>
Answer</span><span>: Out of all the options that are available the one that is not true about your adjusted gross income is that it is your income plus your deductions.

#9) Which of the following is true about standard deductions?

Answer: Out of all the options that are available the one that is true about standard deductions is that they are tax breaks that you can claim without having to itemize. They reduce your tax bill rather than your taxable income, although you have to itemize in order to take advantage of this.<span>

</span>#10) A dollar–for–dollar reduction in your tax payment is called a _____.

Answer: This is called credit.

P.s: I noted that almost all of the answers are selected with a <3. Almost all of them were the same.

I hope it helps, Regards.


</span>
scoundrel [369]3 years ago
4 0

Answer:

Explanation:#1 - it is advantageous to receive a large sum of money in the form of a refund so you can pay down debt.

#2 - the dependent must not have provided over half of his/her support for the entire year.

#3 - an exclusion

#4 - flat tax

#5 - progressive tax

#6 - regressive tax

#7 - barter goods or services

#8 - income plus deductions

#9 - they are tax breaks you can claim without having to itemize.

#10 - credit.

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One way to obtain the economically efficient amount of college education is for governments to subsidize college education. What
Karolina [17]

Answer:

The remaining part of the question is given below:

(Note that the subsidy can be granted to the education institutions or to the students directly or indirectly; for example, through low- interest student loans.)

a. P2-P0

b. P2-P1  

c. P0-P1

d. P1

<u>Correct Answer:</u>

b. P2-P1

Explanation:

A pigouvian subsidy is a subsidy that is used to encourage behaviour that have positive effects on others who are not involved or society at large. <em>Behaviors or actions that are a benefit to others who are not involved in the transaction are called positive externalities.</em>

7 0
2 years ago
Kathleen is considering expanding her dress shop. If interest rates rise she is Group of answer choices less likely to expand. T
Karolina [17]

Answer:

<u><em>Less likely to expand.</em></u>

Explanation:

When ever interest rates rise in an economy, the soul purpose of that is to control inflation by influencing the people to save more and consume/spend less.

Hence, when the interest rates will rise, Kathleen will be moving away from the expansion process as she will have to borrow the money at more cost than before, hence increasing the risk of return from the expansion process. Hence this will lead to the demand for loan-able funds to slope downwards.

Hope this helps you. Good Luck.

7 0
3 years ago
How will the increase in government spending financed by borrowing affect national savings?.
Whitepunk [10]

Increament in government spending which is financed by borrowing will most likely affect national savings.

This is because borrowing money means you are spending from your future income.

The negative effect of spending borrowed money will most likely be felt when the money is not used for money yielding ventures.

This means that when borrowed money is not used to boost the economy of a country, it will most likely lead to the depletion of the national savings or reserve.

<h3>Viable areas to utilizing borrowed money</h3>

  • Infrastructure development
  • power
  • Education
  • Health
  • Transportation
  • Research

Learn more about National Savings at brainly.com/question/15109837

8 0
2 years ago
It is estimated that it could take up to ____ for your liver to get rid of the alcohol in one standard drink. ✗
stellarik [79]

It is estimated that it could take up to 1 hour for your liver to get rid of the alcohol in one standard drink.

4 0
3 years ago
Read 2 more answers
CVP analysis—what-if questions; sales mix issue Miller Metal Co. makes a single product that sells for $32 per unit. Variable co
Lilit [14]

Answer: See explanation

Explanation:

a. Calculate the number of units that must be sold each month for the firm to break even.

Breakeven units = Fixed cost / Contribution margin per unit

= $47600 / ($32 - $20.80)

= $47600 / $11.20

= 4250 units

b. Calculate the margin of safety and the margin of safety ratio.

Margin of safety = $418000 - ($32 × 4250)

= $418000 - $136000

= $282000

Margin of safety ratio = $282000/$418000 = 0.68

c. Calculate operating income if 7,000 units are sold in a month.

= [($32 - $20.80) × 7000] - $47600

= $78400 - $47600

= $30800

d. Calculate operating income if the selling price is raised to $47 per unit, advertising expenditures are increased by $8,000 per month, and monthly unit sales volume becomes 7,600 units.

Sales = 7600 × $47 = $357200

Less: Variable cost at $20.8 = $158080

Contribution = $199120

Less: Fixed cost = $47600

Less: Advertising expense = $8000

Operating income = $143520

3 0
2 years ago
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