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Kobotan [32]
3 years ago
12

A regressive tax has the biggest impact on which sector of the american economy?

Business
1 answer:
9966 [12]3 years ago
7 0
A regressive tax has the biggest impact on the income of the middle-sector households. of the American economy because they are affected by the increase of the average tax rate. The regressive tax gets its large percentage from the middle sector than the high-class households with high earnings.
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When Fisher-Price comes up with an idea for a new toy, it needs to ensure that the children who play with the toy will not choke
Dmitriy789 [7]

Answer:

The correct answer is Product Development Stage.

Explanation:

If any of the changes are required to be incorporated in a design, the best point of attempting these changes is in the product design phase such that the considerations are included from the initial stage and the design effort is not wasted.

6 0
3 years ago
Which of the following actions would an entity most likely take to hedge an investment in a foreign operation?A. Invest in the d
Masja [62]

Answer:

the answer would be C . Invest in the debt securities of another foreign entity with the same foreign currency as the operation being hedged.

Explanation:

8 0
2 years ago
Roman loves corn bread. He buys corn meal and wheat flour in order to make corn bread. His recipe calls for two cups of corn mea
ale4655 [162]

Answer:

(B) U(c,f)=min{2c,f}

Explanation:

This is an example of Leontif utility function which states that the preferences of a consumer is to a constant ratio of quantities of two or more goods in his demand bundles and having an extra unit of a single good will not increase the utility of the consumer and will make the extra unit to waste. But having more units of all the goods in the demand bundle which maintain the constant ratio will increase the utility of the consumer.

A good example usually used in economics is that of a pair of shoe. Having one right and one left of a type of shoe gives a consumer utility at a constant ratio of 1:1, and increasing each leg by multiple of one at every point in time will increase the utility of the consumer, while increasing just only one makes the utility not to change. For instance, having only two left shoe will not give the consumer any utility and make both the left shoe useless.

In the question, the ratio of cups of corn meal, denoted by c, and cups of flour, denoted by f, is 2:1. This implies that to increase the utility of the consumer, c has to increase by a multiple of 2 at every point in time while f has to increase by one at the same point in time to maintain the constant ratio of 2:1. Increasing only c by 2 or only f by 1 will maintain the constant ratio and it will lead to a waste of the increased unit of the affected commodity.

Therefore, option (B) U(c,f)=min{2c,f} is the correct answer that gives a constant ratio of 2:1 = 2c:f.

I wish you the best.

7 0
3 years ago
What are the basic things to be considered while selecting a business.​
EleoNora [17]

Answer:

Tax Treatment. Double taxation is a sore point for many companies. ...

Ability to Raise Capital. ...

Separation of Ownership and Management. ...

Limited Liability Protection. ...

Transferral of Ownership. ...

Ease of Formation.

5 0
2 years ago
Jasmine (29) is filing as a single taxpayer. In 2019, she received income from the following sources:
lianna [129]

Answer:

$38,720

Explanation:

From the given information:

Using Schedule 1 (Form 1040), Additional Income & Adjustment to Income.

The taxable income can be determined as follows:

Particulars                                         Form                         Amount($)

Wages                                      (Form 1040, Line 1)           36,000

Add: Unemployed Income    Schedule 1, Line 7                4,320

<u>Add: Gambling winning         Schedule 1, Line 8                   500</u>

Total Income                                                                    $40,820

<u>Less: Student loan Interest   Schedule 1, Line 20              2,100</u>

Taxable income                                                               $38,720

3 0
2 years ago
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