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AVprozaik [17]
3 years ago
12

Before being simplified, the instructions for computing income tax in Country R were to add 2 percent of one's annual income to

the average (arithmetic mean) of 100 units of Country R's currency and 1 percent of one's annual income. Which of the following represents the simplified formula for computing the income tax in Country R's currency, for a person in that country whose annual income is I?
A. 50 + I/200
B. 50 + 3I/100
C. 50 + I/40
D. 100 + I/50
E. 100 + 3I/100
Business
1 answer:
daser333 [38]3 years ago
5 0

Answer:

A

Explanation:

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The higher the price, the higher the producer's profits. Your needs and wants are unlimited. If heavy competition for a product keeps its price low, businesses will be very motivated to offer the product for sale.

3 0
3 years ago
Suppose a life insurance company sells a ​$290 comma 000 ​one-year term life insurance policy to a 20​-year-old female for ​$280
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Answer:

The insurance company will gain an expected value $176.66032

Explanation:

The expected value is the gain or loss of an event and is calculated each outcome by its probability.

In our case we have to consider all events as follows;

The probability of dying means the insurance company will have a loss of $290,000 and gain $280 which is the cost of the policy. The probability of this happening=(1-probability of living)=(1-0.999644)=0.000356

The probability of living means the insurance company will gain $280, and the probability of this happening=0.999644

The gain or loss from death=280-290,000=-$289,720

The gain or loss from living=$280

Expected value=(The loss from death×probability of death)+(The gain from living×probability of living)

where;

The loss from death=-$290,000

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replacing;

Expected value=(-290,000×0.000356)+(280×0.999644)

Expected value=(-103.24+279.90032)

Expected value=$176.66032

The insurance company will gain an expected value $176.66032

4 0
2 years ago
The tendency or potential for plasticity is greatest in
nadya68 [22]

Answer:

The correct answer is : Infants from 1 to 2 years old.

Explanation:

According to the <em>Physical and Cognitive Development</em> theory, plasticity is the ability of the brain to overcome the functionality of injured parts. In this sense, preschoolers with brain language areas damaged are likely to take them up due to plasticity since plasticity is greater in infants from 1 to 2 years old.

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In an​ expansion, taxes rise and government expenditures​ fall, and therefore act as automatic​ ________. Inflation is more like
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Answer:

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The automatic stabilizer is a government policy that correct fluctuations in the economy through their normal operation and hence they are called automatic stabilizers.  

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Automatic destabilizer causes fluctuations by their normal operation. An example of destabilizer is inflation which increases during expansion and causes fluctuations without any intervention.

6 0
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Ramesh works in a small civil-society organization with the mission to fight child labor in india. His organization has identifi
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"A multinational organization known for responsible labor standards" has the most adequate resources to collaborate with Ramesh in the achievement of this goal.

Child labor alludes to the work of kids in any field that denies kids of their rightful childhood, meddles with their capacity to go to school, and that is rationally, physically, socially or ethically risky and destructive. This is viewed as exploitative by numerous global associations.  

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