The answer in the given statement above is false because
Gross Domestic Product has the capability of providing measurement when it
comes to the economy’s income. It measures the goods that are produced and the
services that are given in the course of one year where in it is concluded that
it has the capability of measuring the economy’s income.
Answer:
Increasing progressive taxes in order to redistribute income may be seen as a fair and noble thing, but such measure may have several unintended consequences.
Explanation:
One consequence is that if taxes are raised too high on the highest earners, these people may simply leave the country for another one where taxes are lower. Wealthy people have the means to do so in the modern economy.
Another consequence would occurr if the taxes are raised too high on corporations. Corporations may either leave the country as well, or pass through the higher costs to the consumers.
All in all, progressive taxation is seen as a fair system by many economists, but it should be implemented with care, and by making cost/benefit analysis first.
Answer:
Land, $65,625 and Garage, $39,375
Explanation:
The allocation would be done using the fair market values as basis. Fair market value is more appropriate as a basis instead of using the sizes of the building and the garage as basis.
Total fair market values = $125,000 + $200,000 + $75,000 = $400,000
Total amount paid for all assets = $210,000
Amount allocated to each asset = 
Amount allocated to land = 
= $65,625
Amount allocated to warehouse = 
= $105,000
Amount allocated to garage = 
= $39,375
Answer:
Antonie Van Leeuwenhoek called his discovery "wee animalcules"
Hit brainliest if this was helpful :)
