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Masja [62]
3 years ago
13

What role do consumers play on free enterprise system

Business
1 answer:
Afina-wow [57]3 years ago
8 0
Honestly idk I'm in freshman year sooooo sorry
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Sment
nexus9112 [7]

Roads, schools, and

emergency services are funded by the government through the taxes.

Explanation:

Government collects taxes for the functioning of the government machineries. The reasons the taxes to be collected from the citizens of US are listed in the Article I, Section 8 of constitution of US. The three main types of taxation are as follows namely,

1. Progressive tax

2. Regressive tax

3. Proportional and flat tax.

Taxes are levied on the property, sales, income, dividends, imports, capital gains, payroll, gifts or estates. Eritrea and USA are the only countries that taxes non-residents on worldwide income as much as they tax the residents.

4 0
3 years ago
2 part question i need help pls its econ
kicyunya [14]

Answer:

the first question is progressive

Explanation:

because if you look at the table it shows that the tax rate went up 2 %

4 0
3 years ago
Read 2 more answers
Suppose two economists are arguing about policies that deal with unemployment. One economist says, " the government could lower
Nikitich [7]

Answer:

The correct answer is Disagree because they have different scientific judgements.

Explanation:

Obviously, what is demonstrated in the previous situation is that the two economists think differently. For this reason, they have different judgments from a training that allows them to recognize the events and propose alternatives to the problems presented.

Value judgments are the criticisms or comments that all people make towards other people or things depending on our perspectives or tastes.

Scientific judgments are always objective and are made with the scientific method, and are made with observation and verification.

We make moral judgments based on the "good or bad" human acts of a person and thus to discover their morality.

8 0
4 years ago
Suppose that the nominal exchange rate between the US dollar and the Canadian dollar is 0.75 US dollars per Canadian dollar. If
Goryan [66]

Answer:

option (c) depreciate by exactly 10 percent

Explanation:

Data provided in the question:

Canadian dollar = 0.75 US dollars per Canadian dollar

Canada's rate of inflation = 0 percent

US rate of inflation = 10 percent

Now,

The percentage change in real exchange rate

= percentage change in nominal exchange rate - (Domestic inflation - Foreign inflation)

= 0 - (10 percent - 0 percent )

= - 10 percent

Here,

the negative sign depicts that the exchange rate will depreciate

Hence,

the answer is option (c) depreciate by exactly 10 percent

5 0
4 years ago
An investor considers investing $10,000 in the stock market. He believes that the probability is 0.30 that the economy will impr
Hoochie [10]

Answer: $10,900

Explanation:

The expected value of an investment takes into account the probable payments that an investor will get given certain events occurring.

Expected Value = ∑ (probability of event * payoff if event happens)

= (0.3 * 15,000) + (0.4 * 10,000) + ( 0.3 * 8,000)

= $10,900

4 0
3 years ago
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