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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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Answer:

correct option is A. $145  

Explanation:

given data

investment cost = $2900

interest rate = 5% per year

solution

formula for present value of perpetuity is

investment cost = fixed cash saving per year ÷ interest rate    ..................1

put her value we get fixed cash saving per year that is

saving per year cost =  $2900 × 5%

saving per year cost =  $2900 × 0.05

saving per year cost =  $145

so correct option is A. $145  

8 0
3 years ago
Joy calls a mobile phone store to enquire about a new phone available in the market. The customer service operator sends him an
blondinia [14]

Answer:

The answer to the question is customer- initiated touch point

Explanation:

In Hank Brigman's submission a touch point is the meeting point between customers and the organization in order to share vital information,negotiate business or zeal up a transaction.

When interaction is initiated by the customer, it is known as customer-initiated  touch point.This is sometimes made possible by referrals from those customers who have  made use of the product in the time past or due to a brand loyalty a product or service commands among its rival products or services.

4 0
3 years ago
The aggregate demand curve
laiz [17]

Answer:

<u>B. shows planned purchase rates of goods and services at various price levels.</u>

Explanation:

  • The aggregate demand is the total demand for final goods and services in the economy over a given period of time. And is often distinguished as the effective demand curve. That is the demand for the GDP of the nation.
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3 years ago
The profit earned from the sale of stock that has increased in value is known as
schepotkina [342]

Answer:

a capital gain . that is c

3 0
3 years ago
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The board of directors declared cash dividends totaling $585,000 during the current year. The comparative balance sheet indicate
Lelechka [254]

Answer:

$606,375

Explanation:

The computation of the amount of cash payments to stockholders is shown below:

= Beginning dividend payable  + cash dividend declared - ending dividend payable

= $167,625 + $585,000 - $146,250

= $606,375

We simply added the dividend declared amount and deducted the ending dividend payable to the beginning dividend payable so that the accurate amount can come.

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3 years ago
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