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3 years ago

A progressive tax is such that

Business

1 answer:

Nastasia [14]3 years ago

7 0

Answer:

1. True. The tax rates are higher, the greater one's income

Explanation:

1. True. Progressive tax is defined as a tax whose rate increases as the payer's disposable income increases. The implication is that ,individuals who earn high incomes have a greater proportion of their incomes taken to pay tax.

A perfect example of progressive tax is income tax whose rate is tied directly to personal income income.

2. False. The rate increases as the disposable income of the tax payer increases under progressive tax

3.False. Entrepreneurial income will be taxed after adjusting for allowobale and non-allowable income and expenses and relevant loss relief.

4. False. The revenue realised from progressive taxes are utilized by the government as stipulated in the budget.

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Thailand has a comparative advantage in rice and an absolute advantage in cell phones Indonesia has a comparative advantage in c

Aleonysh [2.5K]

Answer:

d. Thailand should export rice and import cell phones

Explanation:

Analyzing the question, it is correct to say that Thailand should export rice and import cell phones.

To understand why this statement is correct, we need to understand the concept of comparative advantage and absolute advantage.

The comparative advantage occurs when a country has great efficiency in producing a certain good, that is, the production is specialized and therefore advantageous in relation to another country. So it is correct to say that Thailand, having a comparative advantage in rice, should export rice to achieve greater economic advantage.

The absolute advantage, on the other hand, corresponds to the production of a good with lower costs than another country, but Thailand should import cell phones because Indonesia has a comparative advantage in cell phones, which makes it more competitive than Thailand in this segment.

3 0

3 years ago

How does inflation hurt your savings?

siniylev [52]

Answer:

have to spend more money

Explanation:

4 0

3 years ago

Dr. Beswick was writing questions for a test, but found herself listening to reggae music coming from an adjoining office, and t

Svetradugi [14.3K]

Dr. Beswick was writing questions for a test, but found herself listening to reggae music coming from an adjoining office, and thinking about her upcoming trip to the Caribbean. She is experiencing <u>attentional deficit</u>.

<u>Explanation</u>:

Attention deficit disorder (ADD) is a kind of neurological disorder that causes difficulty in concentration, lacking attention and facing many problems in completing tasks and social interaction.

Brain injury, genes and exposure to environment toxins are some of the causes of the attention deficit disorder.

In the above scenario, Dr. Beswick was attending a test. She was distracted by the reggae music that was coming from the adjoining office. After listening to the music she started thinking about her upcoming trip to Caribbean. Dr. Beswick was affected by attentional deficit disorder.

7 0

3 years ago

âas an individual consumes more of a given good or service, the marginal utility of that good to the consumer likely:

Ilya [14]

Answer: " DECREASES" .___________________________________

4 0

3 years ago

You have a portfolio that is equally invested in Stock F with a beta of 1.08, Stock G with a beta of 1.45, and the market. What

Aliun [14]

Answer:

1.265

Explanation:

According to the situation, the solution of the beta of portfolio is as follows

Beta portfolio = (weightage of investment F × beta F) + (proportion of investment G ×beta G)

Beta protfolio = (0.5 × 1.08) + (0.5 × 1.45)

= 0.54 + 0.725

= 1.265

Hence, the beta of your portfolio is 1.265 by applying the above formula

5 0

4 years ago