1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Phantasy [73]
3 years ago
6

Business taxes increase. what is the impact on aggregate expenditures and income?

Business
1 answer:
gulaghasi [49]3 years ago
4 0
If corporate tax increases then businesses would make up for the loss of profit due to this raise in taxes by charging consumers a higher price, therefore reducing Aggregate expenditure as fewer people buy the product at the higher price, probably because some would rather buy cheaper imports or because some cannot afford it at all now due to the higher price.

Another thing the business might do to make up for the loss in profit due to the raise in taxes is they might lay off some employees thereby making those fired employees incomes fall to zero, they may also reduce the remaining employees wages or salaries so that business costs fall and a good profit level is reached for the business.
You might be interested in
To evaluate the size of the federal budget deficit or surplus over time, it would be best to look at the?
AlekseyPX

It would be best to look at the budget deficit or surplus as a percentage of GDP in order to evaluate the size of the federal budget deficit or surplus over time,

<h3>What is a federal budget?</h3>

It refers to the written document that contains the estimates of the federal government's revenue and authorizing its spending for coming year.

The process of federal budget establishes the spending priorities and identify revenues to pay for those activities. The size of these decisions make the budget process one of the most important and complex exercises in public policy making.

However, It is best to look at the budget deficit or surplus as a percentage of GDP in order to evaluate the size of the federal budget deficit or surplus over time,

Read more about federal budget

brainly.com/question/3423211

#SPJ4

6 0
1 year ago
In the 4e framework, dell understands the importance of _______, which leads to action, the potential for a relationship, and po
zheka24 [161]
The answer to this question is: engagement
In business terms, engagement refers to The emotional commitment that each employee has towards the company where they work.
Company with high engagement level often produce more employees that willing to take initiative and sacrifices in order to obtain company's goals
4 0
3 years ago
Which method for calculating a credit card balance takes into account both the purchases and the payments made during the curren
skad [1K]

Answer:

The Correct Answer is D

Explanation:

  • In the Daily average balance method, the balance is the middling of all daily equalizer for the last month.
  • The Average daily balance method is the process for calculating the finance charge on a credit card loan.
  • Add the outstanding amount for your account for every day of the month.
  • It divides the total steps one by one with the quantity of the days in the month to find out the Average daily balance.  

5 0
4 years ago
Read 2 more answers
What is an example of an interest leading to a career choice?
d1i1m1o1n [39]
A . an interest in animals leads to a career in marketing
8 0
3 years ago
A television manufacturer would like to reduce its inventory. To this end, you are asked by the operations manager to assess its
zvonat [6]

Answer:

A.8.75 weeks

B.5.71

Explanation:

a.

Weeks of supply = average aggregate inventory value/weekly sales at cost

=(1,500,000 + 1,200,000 + 800,000)/(20,000,000/50)

=3,500,000/400,000

= 8.75 weeks

b.Inventory turnover = annual sales (at cost)/average aggregate inventory value

=20 million/3.5 million

= 5.71

8 0
3 years ago
Read 2 more answers
Other questions:
  • Which is the best opening for an unsolicited job cover message?
    8·1 answer
  • If you write a check for $4,000 to buy a car when you have only $57.18 in your checking account (and no overdraft protection), w
    14·2 answers
  • As with measures of centrality, the selection of a measure of variability should be based on
    7·1 answer
  • Which of the following statements about GDP is correct? Group of answer choices Nominal GDP consistently underestimates the valu
    11·1 answer
  • On September 1, the board of directors of Colorado Outfitters, Inc., declares a stock dividend on its 22,000, $13 par, common sh
    11·1 answer
  • Explain the contra entry to sales ledger and why it was needed
    15·1 answer
  • Making counterfeit copies of gucci purses, tommy hilfiger sportswear, and other international brands is pervasive in china becau
    15·1 answer
  • Chapman Machine Shop is considering a 4-year project to improve its production efficiency. Buying a new machine press for $576,0
    11·1 answer
  • Madison Inc. uses job order costing for its brand new line of sewing machines. The cost incurred for production during 2017 tota
    11·1 answer
  • what is a disadvantage of related diversification? group of answer choices firms select new businesses and industries based on f
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!