1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Svet_ta [14]
3 years ago
7

Megan: most people recognize that the budget deficit has been rising considerably over the last century. we need to find the bes

t course of action to remedy this situation. larry: i believe that a cut in income tax rates would boost economic growth and raise tax revenue enough to reduce budget deficits. megan: i actually feel that raising the top income tax rate would reduce the budget deficit more effectively.
Business
1 answer:
goldfiish [28.3K]3 years ago
8 0

The answer is "<u>The disagreement between these economists is most likely due to differences in scientific judgments."</u>


It isn't surprising that as the inquiry proceeds with, researchers at times differ about the bearing in which truth lies. Economists regularly differ for a similar reason. Economics  is a youthful science, and there is still much to be educated. Economists here and there differ in light of the fact that they have distinctive hunches about the legitimacy of elective hypotheses or about the extent of critical parameters that measure how monetary factors are connected.



You might be interested in
During the past five years, the nation of Andolvia began a massive undertaking: teaching farmers how to successfully grow and ha
Nutka1998 [239]

Answer:

The correct answer is (D) Import quotas

Explanation:

Import quotas are part of economic policies imposed by a country to <u>protect domestic industries</u> from foreign competition. For this case, the nation of Andolvia placed a restriction on the supply of peanut products to be imported, as they have subsidized and made efforts for their local young peanut industry to grow and mature.

8 0
3 years ago
Which of the following are the characteristics of a competitive market? (Check all that apply.)
kakasveta [241]

A competitive market refers to a market where there is no monopoly of producers of goods and services, therefore, competition is high because they all have mission to satisfy the wants of a large consumers.

The characteristics of a competitive market are:

  • Homogeneity of product: The product are made by different producers and encourages competition.
  • There are existence of many buyers and sellers in the market.
  • There is an access to derive perfect information on price of a product at any outlet in the market.
  • There are no charges for transaction costs in a competitive market
  • No barriers to entry into or exit.

In conclusion, there is no producers which can affect the market price through its supplying rate because there are excess supply of similar product in the market.

Learn more about competitive market here

<em>brainly.com/question/7024827</em>

5 0
1 year ago
If firms in a perfectly competitive market are experiencing economic losses, then as time passes firms ________ and the market _
sukhopar [10]

Answer:

The correct choice is D

6 0
3 years ago
Tell whether the statement is TRUE or FALSE. Deregulation always leads to lower prices for the consumer.
SVEN [57.7K]
FALSE. Deregulation allows vendors or sellers to set individual prices with no regulation, therefore more likely to set higher rates.
5 0
3 years ago
Curtis williams is 69 years old. His wife, mary williams, is 67 years old. Curtis and mary plan to file a joint return. Mary is
kirill115 [55]

Curtis Williams is 69 years old. His wife, Mary Williams, is 67 years old. Curtis and Mary plan to file a joint return. Mary is legally blind. IRS provides high standard deduction to married couples who have age of 65 or above and blind or one of the partner is legally blind.

IRS states that if filling for joint return is done by married taxpayers in the year 2022 then normal standard deduction is $25,900. In this case Curtis and Mary both are over the age of 65 and Mary is blind too then as per IRS guidelines they will get $1,400 deduction per person for being above 65 plus Mary will get additional $1,400 deduction for being legally blind.

$25,900 + $1,400 + $1,400 + $1,400 = $30,100

Hence, Curtis and Mary's standard deduction is $30,100.

Read more about standard deduction on brainly:-

brainly.com/question/3158031

#SPJ4

3 0
2 years ago
Other questions:
  • Which sentence is an example of a core value?
    8·2 answers
  • What is the difference between a command economy and a traditional economy?
    10·1 answer
  • Which of the following is an activity that falls into a gray area and might be acceptable Internet use in some organizations but
    9·1 answer
  • 3 Points
    5·1 answer
  • Johanna, an Austrian citizen, is graduating from a U.S. medical school. She knows she will have to pay a much higher percentage
    5·1 answer
  • Rice Dazzle Inc. has been making the same breakfast cereal for 50 years. Recently, sales have plummeted. To counteract this, the
    5·1 answer
  • Lawson Furniture purchased land, paying $65,000 cash and signing a $250,000 note payable. In addition, Lawson paid delinquent pr
    10·1 answer
  • Johnson borrowed $45,000 secured by land with a basis of $20,000. Johnson could not pay the principal, so the bank foreclosed an
    6·1 answer
  • The Taylor Rule specifies that the federal funds rate target should be equal to:_________ a) equilibrium federal funds rate + in
    8·1 answer
  • According to the reading, what are some strategies for saving money? (Select all that apply)​
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!