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
iren [92.7K]
3 years ago
8

Taxes that have wealthy people pay a higher rate of tax than average or poor people are called __________.

Business
1 answer:
Furkat [3]3 years ago
4 0
Taxes that have wealthy people pay a higher rate of tax than average or poor people are called Progressive tax. It is the type of tax that goes on increasing with increase of income. The people with higher income pays a higher amount of tax than the people with lower income. I hope the answer has helped you.
You might be interested in
3. In which decade should you be saving for retirement?
diamong [38]
Whatever your age, you can make it happen.<span> Even those who start to save into a company pension at the age of 22 have less than an even chance of achieving an income equivalent to two-thirds of salary from their private and state pensions combined, according to the Pensions Policy Institute think-tank.   </span>
5 0
3 years ago
The smartphone market has been dominated by Apple, but recently the Droid has been able to leverage Google's information service
BigorU [14]

Answer:

Smartphone Market

Apple, Google, and Blackberry:

This analysis is consistent with the industrial organization  model:

a) True

Explanation:

Industrial organization is the application of the economic theory of price, the structure of markets, and the strategic moves by firms to industrial analysis.  According to investopedia.com, "Industrial organization is a field of economics dealing with the strategic behavior of firms, regulatory policy, antitrust policy and market competition."

The industrial organization model is a way of  explaining the forces outside an organization that exert influences on a firm's strategic actions.  It is based on the assumptions that decision-makers act rationally, have mobile resources that they control, and that pressures and constraints are imposed by the external environment.

4 0
3 years ago
George owns an international grocery store in new jersey, the global food bazaar. he has benefited highly from the trading bloc
ArbitrLikvidat [17]
He is particularly grateful for CAFTA-DR, a trading bloc. he Central America Free Trade Agreement (CAFTA-DR), which includes Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua, and the United States, is intended to reduce tariffs and other barriers to free trade.
8 0
3 years ago
TB MC Qu. 04-126 Juniper Company uses a perpetual inventory... Juniper Company uses a perpetual inventory system and the gross m
Sholpan [36]

Answer:

The journal entry to record the purchase on August 7 is:

Debit Merchandise $9,750

Credit Accounts Payable $9,750

Explanation:

The terms of 1/10, n/30 means 1% discount for the payment within 10 days and the full amount to be paid within 30 days.

The company purchased $9,750 of merchandise on August 7, returned $1,500 worth of merchandise on August 11, paid the full amount due on August 16 and received the discount. Juniper Company uses the gross method of accounting for purchases. Following accrual accounting method, the journal entry to record the purchase on August 7 is:

Debit Merchandise $9,750

Credit Accounts Payable $9,750

3 0
3 years ago
When should the top management intervene in setting the transfer price? The transfer is an extraordinarily large order. Internal
kykrilka [37]

Answer:

Internal transfer benefits the company but the division managers cannot agree on a price.

Explanation:

Based on the scenario been described in the question, the situation when the top managers can intervene, it is when internal transfer will benefit the company, but the division managers cannot come into a unanimous agreement, in this case, it will make the top managers to step in making and help in the decision of pricing for them to resolve the conflict of agreeing on price.

3 0
3 years ago
Read 2 more answers
Other questions:
  • What are two benefits can the people get from the free-market system
    8·1 answer
  • If real GDP per capita in a country were $14,000 in year 1 and $14,280 in year 2, then the economic growth rate for this country
    14·1 answer
  • g "1. How would each of the following events change the equilibrium financial market value of a company? (a)an increase in its c
    14·1 answer
  • Copper Corporation owns stock in Bronze Corporation and has net operating income of $900,000 for the year. Bronze Corporation pa
    5·1 answer
  • Green Landscaping Inc. is preparing its budget for the first quarter of 2017. The next step in the budgeting process is to prepa
    5·1 answer
  • What is the MAIN reason why some stores want to close on Thanksgiving?
    7·2 answers
  • What rapidly changing factor has led to the social age in business?
    13·1 answer
  • One disadvantage of the BYOD strategy is the potential for __________. Group of answer choices cost savings increased flexibilit
    14·1 answer
  • The adjusting entry for accrued interest on a note receivable would include a __________ to __________.
    7·1 answer
  • Between 2000 and​ 2020, the U.S. government budget deficit
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!