1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kvv77 [185]
3 years ago
7

To what does tax progressivity refer?

Business
2 answers:
Ugo [173]3 years ago
6 0

I believe the answer is: c. The relation of tax rate to income

In a tax progressive system, people who earned higher level of income would be subjected to higher tax percentage compared to people who earned lower level of income. This system is created to ensure that people with low level income could still meet their daily needs after paying their tax.

Maslowich3 years ago
5 0
The correct answer is C) The relation of tax rate to income

Tax progressivity basically means that the more you earn the higher your taxes are.
You might be interested in
​a psychologist gives the same test to a client twice. the tests are separated by six days. if the test results are quite dissim
Lena [83]

a) Internal consistency

Explanation:

The consistency of different items meant to measure the same thing within the test.  An internal consistency contains a special case of reliability to split half, the scores of two halves of a single test are compared. This comparison of two tests tends to index reliability.

3 0
3 years ago
In eight years, when he is discharged from the Air Force, Steve wants to buy a $30,000 power boat. Click here to view Exhibit 12
IceJOKER [234]

Answer:

The correct answer is:

(1) $15,054

(2) $12,990

Explanation:

The required table is not given in the question. Please find below the attachment of the table.

Given:

Future value,

= $30,000

If discounting rate is 9%, the present value will be:

= Future \ value\times PV \ factor(9 \ percent, 8 \ years)

= 30000\times (\frac{1}{1.09} )^8

= 30000\times 0.5018

= 15,054 ($)

If discounting rate is 11%, the present value will be:

= Future \ value\times PV \ factor(11 \ percent, 8 \ years)

= 30000\times (\frac{1}{1.11} )^6

= 30000\times 0.433

= 12,990 ($)

8 0
3 years ago
The​ full-employment level of employment​ is: A. the level of employment when aggregate demand is equal to​ short-run aggregate
natita [175]

Answer:

The correct answer is letter "C": the equilibrium level of employment reached after all wages and prices have fully adjusted.

Explanation:

Full Employment is a situation in which all available human resources are utilized at their highest degree. Each worker is in a job where that worker has his or her more productive use and benefit to the aggregate economy. Full employment is usually achieved in a robust economy when employment reaches its equilibrium point after wages and price adjustments, but can potentially be achieved in any economy.

5 0
3 years ago
Metlock, Inc. has 5900 shares of 6%, $50 par value, cumulative preferred stock and 118000 shares of $1 par value common stock ou
MrRa [10]

Answer:

$23900

Explanation:

Given: Cumulative Preferred stock is 5900 shares of 6% at $50.

           Dividend paid in 2019= $11500

First lets calculate the value of preferred stock.

Preferred stock= 5900 shares\times \$ 50\times \frac{6}{100}

∴ Preferred stock= $17700.

Formula:

Dividend received by preferred stockholder= [Preferred\ stock +(Preferred\ stock-Dividend\ paid)]

⇒Dividend received by preferred stockholder=17700+(17700-11500)

⇒ Dividend received by preferred stockholder= 17700+6200= \$ 23900

∴ $23900 dividend received by preferred stockholder in 2020.

4 0
3 years ago
Because of the compounding effect:
luda_lava [24]

Answer: c. small changes in economic growth rate lead to large GDP changes over time.

Explanation:

If there is even a small change in the rate at which the economy is growing, this increase will increase by even more the year afterward and then even more as time goes on. This is because the interest is being compounded overtime.

Look at the future value formula that shows compounding for instance:

Future value = Amount * (1 + rate) ^ number of periods

Assume even a change of 2% in the growth rate. In 30 years, this rate would have increased the economy by:

= 1 * ( 1 + 2%)³⁰

= 1.81

Which is a rate of:

= 1.81 - 1

= 81%

What started off as only 2% became 81% in 30 years. This is what compounding does.

6 0
3 years ago
Other questions:
  • When Kimberly begins working for Pharmco Industries the company tells her that at a future after so many years of employment wit
    13·1 answer
  • Atlanta​, ​Inc., planned and actually manufactured 180,000 units of its single product in 2017​, its first year of operation. Va
    13·1 answer
  • What was a result of the Mexican-American War
    14·2 answers
  • Between 1950 and​ 2017, the price of wheat fell dramatically from​ $19.23 per bushel to​ $3.85 per bushel. Suppose between 1950
    5·1 answer
  • Employees at a large company are surveyed about their health insurance stat Employees are coded as "1" if health insurance is ob
    15·1 answer
  • Mopsun, a garment store, sells customized hoodies at $7 per unit. The total fixed costs add up to $8,000 per year, and the varia
    7·1 answer
  • Cala Manufacturing purchases land for $451,000 as part of its plans to build a new plant. The company pays $31,900 to tear down
    9·1 answer
  • The GDP deflator in year 2 is 95 using year 1 as a base year. This means that, on average, the price of goods and services is Gr
    12·1 answer
  • Discussion Questions
    11·1 answer
  • In a deed, the person or entity conveying the real property interest is more commonly referred to as the:
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!