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kari74 [83]
3 years ago
13

The largest component of gdp is investment spending. is

Business
1 answer:
antiseptic1488 [7]3 years ago
8 0

Answer:

The statement is false. The largest component of GDP is private consumption, or simply: consumption.

Explanation:

Consumption includes all purchases of goods and services made by individuals and households except for the purchase of new houses (these are considered investments).

In the U.S., consumption accounts for around 70% of GDP. This is why some economists say that the U.S. is a consumer-based economy.

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The taxpayer’s marginal tax bracket is 25%. Which would the taxpayer prefer? a. $1.00 taxable income rather than $1.25 tax-exemp
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Answer:

option (d) $1.40 taxable income rather than $1.00 tax-exempt income

Explanation:

The taxpayer would prefer option (d) $1.40 taxable income rather than $1.00 tax-exempt income

The above statement will be chosen because in this case the after tax income will be greater than the tax exempt according to the condition given in the question

Given:

Marginal Tax bracket = 25%

thus,

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Therefore,

The net income = Taxable income  - Tax = $1.40 - $0.35 = $1.05

and,

$1.05 > $1.00

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3 years ago
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Good name for an online pet store?
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Why is the greece financial crisis described as a depression and not a recession?
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If you deposit $100.00 into a savings account EACH month, how much
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Answer:

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