Answer:
The Earned Income credit
Explanation:
Many economists choose the earned income credit (EIC) over the increase in minimum wage because it avoids deadweight losses. Deadweight losses results when supply are demand are not in equilibrium (Market Inefficiency). Increases in minimum wages invariably leads to increase in prices of market goods which are overpriced. This leads to market Inefficiency.
So in trying to help low income earners, many economists choose the EIC over just increasing minimum wage.
The earned Income Credit helps certain tax payers with low incomes from work in a particular tax year. It reduces the amount of tax owed and may result in a refund to the tax payers if the amount of credit is greater than the amount of tax owed.
Answer:
$80,160.
Explanation:
An account receivable is lawfully enforceable cases for installment, held by a business for the products provided and benefits that clients/customers have requested yet not paid for.
According to Rahal's autos noncollectable accounts and the amount they received in the following year. Rahal's collectible accounts on December 31, 2021, is
86,500 + 404,000 - 408,000 - 2,340
Answer:
Im on a private jet eating popeyes chicken, i be flexing like im eating popeyes spinach
Explanation:
plato users
Answer:
The answer is "increase; LRAS curve to the right".
Explanation:
The curve LRAS represents the flow between all the level of wages and economic GDP supplied because all prices are fully flexible, also with nominal salaries; its cost may change all along LRAS, however, the output cannot, as it represents the complete output of workers, that's why the several economists say that lower marginal rate consistently increases the motivation to work, shifting the LRAS curve to the left.
Answer: 3.91
Explanation: We can calculate operating leverage by using following formula:-

where,
contribution = sales - variable cost
= sales - ( variable cost of goods sold + supplies )
= $52,260 - ( $26,260 + $5460)
= $20,540
Now, putting the values into equation we get :-

= 3.91