Answer:
D
Explanation:
The demand curve for corn is downward sloping. If the price of corn, an inferior good, falls, then the income effect which causes you to reduce your corn purchases is smaller than the substitution effect which causes you to increase your corn purchases, resulting in a net increase in quantity demanded.
Answer:
There are two types of taxes namely, direct taxes and indirect taxes.
Explanation:
12 specific taxes, four within each main category—earn: individual income taxes, corporate income taxes, payroll taxes, and capital gains taxes; buy: sales taxes, gross receipts taxes, value-added taxes, and excise taxes; and own: property taxes, tangible personal property taxes, estate and inheritance taxes, and wealth taxes.
Answer:
a. Policies
Explanation:
Policies -
It refers to the principle to guide decisions , in order to get the proper outcome , is referred to as a policy.
A policy is consider to be a set of rule , which is implemented as a protocol.
The policy can be on a objective as well as subjective decision making process.
Hence, from the given statement of the question,
The correct answer is policies.
The total tax liability is $12,500.
<h3>What is the total tax liability? </h3>
Due to the fact that the account is qualified annuity, the total amount withdrawn is subject to tax. Also, because the investor is less than 59.5 years, the investor pays an additional tax of 10%.
The effective total tax = 25% + 10% = 35%
Total tax liability = 25% x $50,000
= 0.25 x $25,000 = $12,500
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The document that describes why the project is needed, and may include estimated costs and benefits, is called a business case.
A business case explains why starting a project, program, or portfolio is justified. It assesses the advantages, disadvantages, and risks of competing options and justifies the chosen course of action.
A business case explains why a project or task was started. It's frequently delivered in the form of a well-organized written contract, but it can also take the shape of a quick oral agreement or presentation.
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