Answer:
$130,423.89
Explanation:
This is an incomplete question. Searching online, I got the complete question which is presented below.
To provide additional employment and add to its tax base from businesses, Yorketowne’s city council opened a business park on the edge of the city. After five years, they had attracted two new manufacturers and four supporting service businesses to the park. The total value of the property of all six businesses was $15,825,500. The companies paid $0.78 per $1,000 of property value each year as property tax. In addition, the businesses employed 328 people at an average salary of $36,000. Each person paid a 1 percent city income tax each year.
a. What is the total amount of taxes the city collected as a result of opening the business park?
b. In addition to the tax dollars, what other benefits might the city receive from opening the business park?
Solution A
Total amount of taxes the city collected =
Property tax paid by the companies + income tax by employees
= 
= $12,343.89+$118,080
= $130,423.89 tax income per annum.
Solution B
Other benefits that might accrue to the city from opening the business park include.
- Attraction of other businesses to the park given the success of existing businesses operating in the park.
- Increased employment as new businesses continue to be established in the park.
- Increased development at the edge of city as new homes and amenities are built to accommodate the employees of the city.
Answer:
a.reduced MI and increases M2
Explanation:
Hope that help you!!
Answer:
The repricing and duration gap can be set likely by :
A. Positive repricing gap and negative duration gap
Explanation:
Here, we can see the mentioned topic is
The forecasting of rising interest rates. So, the bank is facing this issue then they will have to set the values as :
A. Positive repricing gap and negative duration gap
Forecasting of rising interest rates: It is a very tough thing to do. In financial analysis this is one the hardest assumptions that have to be made.
Its prediction in financial analysis is very complicated. This results in the rates to a lower value which results in money of the bank to outflow.
As by forbes for this year it had been predicted that it would not be rising interest rates in 2020.
Even that the growth of economy will be very low and all will be worrying about the inflation.
A high recession will be noticed by us.
This will results in money lending rates to be quite too high.
Answer: C. Involve the team in creating ground rules for the meetings.
Explanation:
The meetings have seemingly descended into anarchy and as such needs to be controlled in an orderly manner to make any sort of progress. One way this can be done is through the setting of ground rules. These rules need to be accepted and inclusive of people's qualms or else the arguments will continue.
When the rules are made therefore, the inputs of the entire team should be taken into consideration and this is what the Project manager needs to do. Setting all inclusive rules also helps the team understand each other better during the discussions are point of views will be seen and understood better.
Answer:
The correct answer is D. imposes a small deadweight loss relative to the tax revenue it raises.
Explanation:
By not discouraging the activity, it is understood that taxes should not distort the economic decisions of the individuals subject to taxation. In the theory of Public Finance the inefficiency of taxation can be analyzed through the so-called "excess tax", as a quantification of the loss of utility generated by a distorting tax. The excess of tax arises because the loss of total welfare generated by the tax on the individual with the modification in their behavior, is greater than the mere loss of welfare caused by the decrease in disposable income that comes with the payment of the tax. The value of excess tax that is generated by the substitution effect is greater the higher the tax rate and elasticity (Musgrave, 1986). Therefore, the relationship of exchange between efficiency and equity is not so simple for governments when designing their fiscal policy.
