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4 years ago

To what does tax progressivity refer?

Business

2 answers:

Ugo [173]4 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.

Maslowich4 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.

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Countries that engage in trade will tend to specialize in the production of goods and services in which they have ________ and w

dmitriy555 [2]

Answer:

Countries that engage in trade will tend to specialize in the production of goods and services in which they have COMPARATIVE and will EXPORTS these goods and services.

Explanation:

Countries will trade the goods in which they have a comparative advantage in their production, that means that the opportunity cost of producing them is lower compared to other countries. Gains resulting from trade are not based on absolute advantages since resources are limited for everyone, so a country must produce and export the goods at which their opportunity cost is the lowest.

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3 years ago

In tax year 2020, a married taxpayer with AGI of $300,000 had gross investment income of $6,150 (which included a long-term capi

Irina-Kira [14]

The amount of net investment income tax that the taxpayer is required to pay is $231.

<h3 />

<h3>What is net investment income tax?</h3>

Net Investment Income Tax are generally imposed by the Internal Revenue on entities' net investment income.

Net investment income tax = ($6,150 - $75) * 3.8%

Net investment income tax = $6,050 * 3.8%

Net investment income tax = $231

In conclusion, the amount of net investment income tax that the taxpayer is required to pay is $231.

Read more about income tax

brainly.com/question/25257355

8 0

2 years ago

An exploration of the factors underlying an economy's capital stock and its level of technology indicates that the relevant tim

scoray [572]

Answer:

The correct answer are: A. quality of its education system. B. saving rate. and E. role of the government.

Explanation:

The stock of capital is a fundamental variable in economic analysis, especially for economic growth studies. The level of capital stock, together with measurements of labor (labor), constitute the factors that allow analyzing the production function of an economy; as well as determine the long-term growth patterns of it.

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3 years ago

The hawthorne studies revealed that employees who are happy and satisfied with their work will perform better. out of this study

QveST [7]

The answer that best fits the blank above is HUMAN RELATIONS. The Hawthorne studies, as referred above, were done by Elton Mayo and Fritz Roethlisberger and the studies aim in socio-psychological aspects of human behavior in the workplace or at any organization. As suggested above, human relations is created due to these studies.

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3 years ago

For each of the following companies, specify whether each company would be more likely to use job costing or process costing. a

Oduvanchick [21]

Answer: For each of the following companies, each company would be more likely to use:

a. Janitorial services company - Job costing.

b. Soup manufacturer - Process costing.

c. Commercial plumbing contractor - Job costing.

d. Toothpaste manufacturer - Process costing.

e. Catering service - Job costing.

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4 years ago