Answer:
The tax rate is the same for all income levels.
Explanation:
A proportional tax system is a tax mechanism that applies equal rates to all income brackets. This system does not segregate based on income earned. The proportional tax system is also the flat rate system.
Since the proportional tax system applies the same rate to all taxpayers, it means that the low income, middle, and high-income earners pay tax at the same rate. The proportional tax system contrasts with other methods, such as the progressive tax system that considers income levels.
Answer: d. formal operational
Choices given in the question are:
a. Latency
b. trust vs. mistrust
c. concrete operational
d. formal operational
Georgie exhibits the major characteristics of a formal operational stage of cognitive development as per Piaget. This stage is characterized by the individual able to think abstractly and understand the form or structures of a problem. Georgie understands that in the experiment, he must combine specific amounts of each ingredient and not just pour in them to create the right mixture
Answer:
Option C There is upward pressure on prices
Explanation:
The reason is that the price and supply are inversely proportional to each other. If the supply increases the prices of the product will decrease. This means that the product will increase its value if the supply of the product gets lower. Also note that the price moves upward to reach equilibrium for a level of supply. It means if the product prices increases then the supply shortage will be lowered as a result nobody will buy the product. So the supplier will have to lower price that the consumer will be willing to pay to the supplier.
Answer:
a. True
Explanation:
It is correct to say that Stephen is exhibiting a high level of hope because he had the idea of organizing a small introductory meeting in order to introduce himself to local companies and thus break the initial nervousness that could occur if he did not previously know his potential client. With this introductory meeting for greater integration between him, who is the new insurance agent and the companies that are his potential clients, there may be greater interaction, greater possibility of closing deals and greater customer satisfaction, lessening insecurity, etc.
