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Bess [88]
3 years ago
8

The government uses the revenue from taxes to pay for goods and services for the community.

Business
1 answer:
tensa zangetsu [6.8K]3 years ago
4 0
Yes it does. Services like education, water, electricity are covered in this way.
You might be interested in
"K has a $10,000 traditional whole life policy with a loan outstanding" of $1,000 and a 5% interest charge. At the end of the fi
lyudmila [28]

Answer:

The result of K's inaction causes an increase in the outstanding loan by $50

Explanation:

<em>Step 1: Determine the interest amount</em>

The interest amount can be determined as follows;

I=PRT

where;

I=interest amount

P=principal amount

R=annual interest rate

T=time

In our case;

I=unknown

P=$1,000

R=5%=5/100=0.05

T=1 year

replacing;

I=1,000×0.05×1=$50

<em>Step 2: Determine the total loan amount</em>

This can be expressed as;

A=P+I

where;

A=total loan amount

P=principal amount

I=interest amount

In our case;

A=unknown

P=$1,000

I=$50

replacing;

A=1,000+50=1,050

The loan amount due after a year=$1,050

The result of K's inaction causes an increase in the outstanding loan by $50

8 0
3 years ago
2. Should the U.S. government support U.S. tobacco company interest abroad if they are using harmful tactics
Serggg [28]

When a tactics is harmful causing various harms to human health or posing threat it should not be supported.

<h3>What are Harmful tactics?</h3>

They are some actions that are taken a particular time to achieve a particular goal and objective which is short time.

This actions are harmful and the results are usually detrimental.

Therefore, U.S. government should not support U.S. tobacco company interest abroad if they are using harmful tactics.

Learn more on harmful tactics

brainly.com/question/24898245

4 0
2 years ago
For a film studio to make a profit, it has to be able to earn enough to offset expensive initial costs. a large portion of the p
slega [8]
The appropriate response is economies of scale. It alludes to the cost advantage that emerges with an expanded yield of an item. Economies of scale can emerge in a few territories inside a huge endeavor. While the advantages of this idea in ranges, for example, generation and obtaining are self-evident, economies of scale can likewise affect zones like fund.
3 0
3 years ago
The following data are available for the Phelps Corporation for a recent month: Product A Product B Product C Total Sales $ 150,
mrs_skeptik [129]

Answer:

$277,000

Explanation:

Break even is the point where neither profit nor a loss is made by the company.

<u>Determination of Break-even Sales</u>

Sales - Variable Expenses - Fixed Expenses = 0

Therefore, Solving Algebraically

Sales = Variable Expenses + Fixed Expenses

         = 222,000 + 55,000

         = 277,000

Therefore Break-even sales for the month for the company is closest to $277,000

5 0
3 years ago
If Treasury bills are currently paying 5.2 percent and the inflation rate is 2.7 percent, what is the approximate real rate of i
Alexxandr [17]

Answer:

2.43 %

Explanation :

Real Interest rate =  (1 + nominal rate) / (1 + inflation rate) - 1

therefore,

Real Interest rate =  1.052 / 1.027 - 1

                              = 2.43 %

the approximate real rate of interest is 2.43 %

3 0
3 years ago
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