Answer:
a and b
Explanation:
Religious orientation has nothing to do with how much money to spend or what machine to use
Answer: $4,000 is ordinary income. No Capital gain
Explanation:
In 2017 and 2018, total Section 1231 losses are:
= 3,300 + 3,100
= $6,400
The Section 1231 gain in 2019 falls below the combined losses from the previous years of 2017 and 2018 so will not be counted as a capital gain as those losses are not yet being recaptured.
The entire $4,000 is therefore ordinary income.
E. Naive relativism
Explanation:
Naive relativism is based on the belief that humans ha e a deep seated view of what is right and what is wrong and can judge things by their own standards and make a decision.
<u>These decisions are thus treated as truth derived from one's own self by the person who is concerned. </u>
Naive relativism means that people also project their sense of right and wrong over others and sort of treat it as if it is universal.
Answer:
Karl Marx
Explanation:
Karl Marx was a German economist that lived in the 19th century. His definition of capital as the most important factor of production was actually quite accurate and advanced for his time. He was the first major economist to state that capital by itself was enough to generate wealth.
He also proposed socialism as the higher stage of capitalism, which actually works in many European nations which are considered social democracies, e.g. Sweden, Norway, Denmark, Holland, Germany, etc., and at the same have the highest standards of living in the world.
Personally, I believe that his major flaw was to go a few steps further and believe in communism and that it would solve all of humanity's problems. Communism is not the same of socialism, since socialism believes in an economy under the influence of the state but also supports individual merit and private property. E.g. someone that works hard should be paid more, i.e. personal wealth is not bad. On the other hand, communism believes that the state must control the economy and that individuals should be rewarded based on their needs, not their work. It doesn't matter if you work hard or not even work at all, the state must satisfy your needs.
