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Rasek [7]
3 years ago
15

A progressive tax is one in A) which the average rate increases as income increases. B ) more taxes are paid as income increases

.c) the average rate decreases as income increases. d) the average rate is constant as income increases.
Business
2 answers:
aivan3 [116]3 years ago
8 0
-a. Which the average rate increases..
scoundrel [369]3 years ago
6 0

Answer:

A) which the average rate increases as income increases.

Explanation:

A progressive tax is a tax that increases in tax rate as the taxable amount increases. The tax is termed "progressive" because it refers to the increment or progression of the tax rate from low to high, which by implication means that a taxpayer's average tax rate is less than the person's marginal tax rate.

Another term that describes the progressive nature of income taxes particularly in developed economies like the United states and United Kingdom, is the acronym P.A.Y.E which means Pay As You Earn. Ta payers are expected to pay higher tax rates for higher income brackets

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A general partner
Zepler [3.9K]

Answer:

a.has the right to inspect partnership books and records at all reasonable times.

Explanation:

A general partner is that partner that has responsibility for the actions of the business. The action or inaction of a general partner legally binds the business/partnership to other parties.

The general partner is also personally liable for all the business's obligations.

As such, the general partner has the right to inspect partnership books and records at all reasonable times.

The right option is a,

6 0
3 years ago
How long will it take my investment to grow calculator
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Amount of the initial investment to find the increase expressed as a rate. For example, to figure how long it takes $16,000 to grow to $24,000, divide $24,000 by $16,000 to get 1.5.
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3 years ago
Suppose that there are 7 million workers in Mexico and that each of these workers can produce either 2 cars or 50 bushels of whe
Reil [10]

Answer:

The employees in Mexico can either produce 2 cars or 50 bushels of wheat.

This means that the opportunity cost of producing 50 bushels of wheat is 2 cars.

For 1 bushel of wheat therefore;

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Opportunity cost of producing a car in Mexico will be;

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= 25 bushels of wheat.

The opportunity cost of producing a car in Mexico is 25 bushels of wheat, and the opportunity cost of producing a bushel of wheat in Mexico is 0.04 cars.

7 0
3 years ago
Program Evaluation Review Technique (PERT) is a _____ technique because it analyzes a large, complex project as a series of indi
babunello [35]

Answer:

scheduling technique

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Project Evaluation Review Technique and Critical Path

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3 0
3 years ago
Suppose that the price of flour used to produce bagels increases. Hence the equilibrium price of a bagel​ ________ and the equil
Anon25 [30]

Answer:

Increase , increase

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A decrease in the supply of a product increases in its price. Reduced supply means many buyers competing for the few available products.  The prices of goods or services are determined by the intersection of the demand and supply curves. There is an indirect relationship between supply and price of quantity supplied when demand is constant. A reduced supply results in high prices while an increase in supply causes low prices.

As prices increase, suppliers will want to supply more to make profits. Constant demand and a high price will thus lead to an increase in equilibrium quantity.

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