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o-na [289]
3 years ago
14

Tom strongly believes that raising tax rates for the rich is the only way to steer the economy out of a recession because it is

likely to generate greater tax revenue for the government. even when his friend sam pointed at factual information illustrating that the government indeed receives greater tax revenues when tax rates are uniformly low for all americans, tom refused to accept sam's input and change his attitude. interestingly, the input provided by sam further strengthened tom's initial attitude. in this instance, _____ can be said to have occurred.
Business
1 answer:
BabaBlast [244]3 years ago
4 0

The answer to the blank space is a contrast effect. A contrast effect is defined as a psychological bias where individuals are prone to evaluating that a stimulus is more positive because a similar stimulus was previously perceived as negative.

This is what is going on with Tom; despite having been presented information by Sam regarding how low taxes in general creates higher tax revenue, Tom still believes that taxing the rich would generate greater tax revenue to reduce the effect of recession.

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This is a personal question that should be based on your own experience. To create a discussion prompt about how some characteristics help to build relationships, you can structure the paragraphs with situations where you felt part of a group, like building friendships at school for example.

Mutual respect is a characteristic that must be applied in the social life of individuals to increase security, order, ethics and maintenance of a positive society, and must be shared in all social institutions.

<h3>How important is ethics to building relationships?</h3>

Ethics corresponds to the practice of moral values ​​in a society, that is, it is the set of actions that individuals practice in accordance with respect, empathy, the individual values ​​of others, making society a more just and egalitarian place.

Some ideas to increase the practice of mutual respect and ethics is to be cordial and empathetic to individuals, promoting good social and environmental actions for social well-being.

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5 0
1 year ago
Return on Common Stockholders' Equity
attashe74 [19]

Answer:

Explanation:

Return on common stockholders' equity for 2015:

(Net income - preferred stock)/Equity

(63,000-5,400)/2,400,000 = 57,600/2,400,000 = 2.4%

Return on common stockholders' equity for 2015:

(99,000-5,400)/3,000,000 = 93,600/3,000,000 = 3.12%

From these calculations, it is clear that return has improved.

8 0
3 years ago
What is 4 P's in entrepreneur​
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Answer:

passion, persistence, perseverance, and preparation

Explanation:

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3 years ago
You just made the last monthly payment on a 30 year mortgage -- the house is yours! In your joyous moment, you calculate how muc
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Answer:

$112,807

Explanation:

To calculate the amount of money you borrowed, you have to use the formula to calculate the present value:

PV=FV/(1+r)^n

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PV=647,514/(1.06)^30

PV=647,514/5.74

PV=112,807

According to this, you originally borrowed $112,807 for this house.

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