Answer:
The present tax income is much better than eliminating it all. For some, only a few, think it would be better to eliminate it all. But that would affect everyone else in a bad way. Think of it like this, if the government is able to find a way to make dealing with taxes easier for everyone, they would have done it by now. Tariffs are to protect newly established domestic industries from foreign competition. Our money helps protect our goods. If we lower or even eliminate taxes, we have more of a likely chance of something bad happening.
Explanation:
This is just only one opinion though.
If you have any questions feel free to ask in the comments.
Also when you have the chance please mark me brainliest :D
Answer:
Jason borrowed $4,4,77.29
Explanation:
In order to calculate this, let we will use the formula for the future value on an invested amount, semiannually, yielding interest at a certain interest rate. This is done as follows:
where:
FV = future value = $6,000 (loan repayment)
PV = present value = amount borrowed = ??
r = interest rate = 10% = 10/100 = 0.1
n = number of compounding periods per year = 2
t = time = 3 years
Therefore, Jason borrowed $4,4,77.29
Answer:
B. No, the increase in price will not cause a shift of the supply curve.
Explanation:
It is important to note that a rightward shift in the demand curve will not affect the price of the product nevertheless, it will only increase the demand for the product. A shift in the demand curve is caused by some factors other than just the price of the commodity.
As a result of that, the price of the product will remain constant, however, the demand for the product will increase.
A tax with a graduated rate structure must have at least two brackets of tax base is true.