Answer:
A
Explanation:
A tax is a complusory sum levied byb the government or an agency of the government on goods and services.
Taxes increases the price of goods and services
Types of taxes
1. A progressive tax is a tax structure where those who earn higher income are taxed more and those that earn less pay less amount of tax.
A progressive tax ensures vertical equity.
The British system of taxation is an example of a progressive tax. This is because the more windows your house has, the wealthier the individual is. Individual with more windows, would pay a higher tax rate
2. Regressive tax system is a tax system where those that earn lower income pay more tax and those that earn higher income pay less tax.
A graduated income tax is also known as progressive tax
3. A proportionate tax taxes everyone the same regardless of the amount earned.
4. A sales tax is an example of consumption tax. It is levied on the sales of goods and services
Answer: C) Personality
Explanation:
Personality is an individuals quality that helps them succeed in life. If you improve your personality you can control stress and increase your motivation.
Answer:
U.S. Individual Income Tax Return
Answer:
A) Elle and Adam are most likely to have a similar level of job satisfaction.
Explanation:
Data given in the question
Comfortable living cost = $40,000
Charles earning per year = $24,000
Anna makes per year = $30,000
Elle makes per year = $50,000
Adam makes per year = $75,000
As per the above data we can see that the elle and the adam earns more income as compare to other person that represents that they both have same level of job satisfaction
Hence, the first option is correct
Answer:
<em>Risk capital</em>
Explanation:
Risk capital <em>relates to funds allocated to risky operation and used to invest heavy-risk, elevated-reward.</em>
Diversification is key to a successful risk capital investment, because the prospects of each investment appear to be undetermined in nature, although the yields may be far above average when an investment is successful.