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kipiarov [429]
3 years ago
12

To improve its standard of living, a nation’s economy must

Business
1 answer:
earnstyle [38]3 years ago
6 0

Answer:

B. Grow through innovation

Explanation:

Here are the options to this question :

A. Remain stable.

B. Grow through innovation.

C. Reach economic equity.

D. Allow the central government to make economic decisions.

The standard of living of an economy is measured by : Real GDP / population. If a country wants to increase standard of living, a country must increase its GDP.

GDP grows through innovation

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During the current year, Walter invests $35,000 in each of two separate corporations. Each investment gives him a 20% ownership
Bond [772]

Answer:

B) Only statement II is correct.

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Explanation:

One of the disadvantages of a C Corporation is that their owners (stockholders) are double taxed. That means that the corporation is taxed and then the stockholders are taxed depending on the dividends that they receive. In this case, Walter has $10,000 of taxable income from Corporation X (= $50,000 x 20%).

On the other hand, sole proprietorships, partnerships, limited liability companies and S Corporations are not taxed, they are pass through entities whose owners are taxed directly. In this case, Walter owns 20% of Corporation Z, therefore he must pay taxes on 20% of taxable income = $100,000 x 20% = $20,000.

8 0
3 years ago
A company determined that the budgeted cost of producing a product is $30 per unit. On June 1, there were 80,000 units on hand,
Alla [95]

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End inventory + Sales - Begin inventory = # of units that need to be produced

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Muckrakers were writers who wrote mostly about blank in government and business
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7 0
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Read 2 more answers
When buyers will purchase exactly as much as sellers are willing to sell, what is the condition that has been reached?.
Vlad1618 [11]

Answer:

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