Answer:
As people earn higher incomes during an expansion, the progressive tax system requires them to pay higher average tax rates
Explanation:
Automatic stabilizers are stabilizers that adjust the economy automatically without the intervention of external agents . examples include progressive tax and transfer payments
In an expansion, progressive tax increases the tax paid and this reduces disposable income
In a contraction, tax paid is reduced and this increases disposable income
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Answer:
The answer is stated below:
Explanation:
The American experience along with the crime has been the influential during the half century and also in shaping the system of the criminal justice today.
The world wide of the organized activity of the criminal is linked with the Prohibition years of the early century of 20th and substantial rise in the traditional crimes during the 1970s and 1960s. The threat to the American way of the life is represented by the illicit drugs and the terrorists attack of September 11, 2001.
Answer:
A. Market price
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c. bid price
Explanation:
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Answer:
available for common stock holders 34,000
Explanation:
The common stock holders are being paid after the preferred stock.
So we must first calculate and subtract the preferred stock.
5,000 preferred stock x $100 par x 4% = 20,000
declared dividends 54,000
preferred dividends <u> (20,000) </u>
available for common stock holders 34,000