Answer:
A) lower income tax rates could increase tax revenues.
Explanation:
The laffer curve is a theoretical model which argues that there a tax rate that theoretically produces the most revenue for the government. Said tax rate is between 0% and 100%.
President Reagan used this model to argue that a lower tax rate would actually increase government revenue. The logic behind this claim was that lower tax rates increases both public and private saving, which in turn increases investment, resulting in more economic growth, and more taxable income.
The validity of these claims is dispute and is subject to debate among economists.
C because that’s what one way to generate word of mouth advertising
Answer:
C. The standard of one vote for each share cannot be altered.
Explanation:
Shares are sold to individuals that now obtain ownership rights of a company.
Common share holders are entitled to voting in of new board members and also have the ability to vote for changes in bylaws of the company.
Also common shareholders are shares have different classes with different voting rights.
However it is not true that the standard of one vote for each share cannot be altered.
When more shares are issued by a company it can result in dilution of shares. That means for example if a person has 10,000 shares in a company with 1 million shares, and the company now issues an extra 1 million shares making 2 million in total now.
The shareholder's standard of vote for each share is now halved
Answer:
wax
Explanation:
Raw materials are the components or ingredients used to manufacture finished goods. They are the unprocessed materials that go through the production process or refining to give a consumable product.
Wax is the main raw material in the production of candles. A company involved in making candles need a source of wax to stay in business.
