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uysha [10]
3 years ago
9

Whom do progressive taxes asses

Business
2 answers:
grin007 [14]3 years ago
6 0

Answer

Hi,

Progressive tax assesses a taxpayer’s ability to pay. Higher rates are on the wealthy than on the poor.

Explanation

Those considered poor according to a country’s definition have families who spend larger shares of their income on the cost of living thus all money they earn is needed to afford basic needs thus face a decreased progressive tax. On the other hand, the progressive tax imposed on wealthy individuals decrease their abilities to purchase more luxury items or invest in stock.

Hope this helps!

grigory [225]3 years ago
3 0

Answer: C. A large percentage of hgh income households and organizations

Explanation:

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Select the correct answer.
mario62 [17]

Answer:

C.social media or E.consumer report

Explanation:

Sorry if im wrong

4 0
3 years ago
Stadium owners have often been accused by business owners of doing what to the prices for sponsorship opportunities
slega [8]
The answer is A. inflation
8 0
3 years ago
Arthur sells $100 worth of cotton to Bob. Bob turns the cotton into cloth, which he sells to Camille for $300. Camille uses the
kow [346]

Answer:

$1200

Explanation:

Gross Domestic Product (GDP) is the total market value of all of the final goods and services produced in a country over a particular period of time.

The contribution to GDP can be determined by adding the value created by each of the economic agents involved in the creation of the final goods and services

Arthur = 100 = 100

Bob = 300 - 100 = 200

Camille = 700 -300 = 400

Donita = 1200 - 700 = 500

Total Value 100 +200 +400 +500 = $1200.

You will observe that it is the same as the value of the final good i.e dress. In the production process, other goods involved are referred as intermediate goods

8 0
3 years ago
Calculate the cost of goods manufactured using the following information: Direct materials used $ 298,700 Direct labor used 132,
Citrus2011 [14]

Answer:$687,700

Explanation:

                                      $

Direct Materials      298,700

Add: Direct Labour  132,200

                                 --------------

Prime Cost                                    430,900

Factory Overhead      264,200

Add: Opening WIP      118,700

Less: Closing WIP       126,100

                                    --------------

                                                         256,800

                                                        --------------

Cost of Good Manufacture              687,700

                                                         ----------------

   

8 0
2 years ago
Question 6 of 10
Fiesta28 [93]

Answer: A

Explanation: Apex

5 0
2 years ago
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