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Sergio039 [100]
3 years ago
8

Why does the government need to collect taxes?

Business
2 answers:
Nana76 [90]3 years ago
4 0

Answer:

A. To control the money supply and manage economic growth

const2013 [10]3 years ago
3 0
I think it’s A to control the money supply and manage economic growth
You might be interested in
Suppose a local hardware store has explicit costs of $2 million per year and implicit costs of $44,000 per year. If the store ea
astra-53 [7]

Answer:

$94,000

Explanation:

A local hardware store has explicit cost of $2 million per year

The implicit costs are $44,000 per year

The store earned an economic profit of $50,000 last year

Therefore, the store's accounting profit can be calculated as follows

Accounting profit = Implicit costs + economic profit

= $44,000 + $50,000

= $94,000

Hence the store's accounting profit is $94,000

3 0
3 years ago
Suppose a firm has an annual budget of $200,000 in wages and salaries, $75,000 in materials, $30,000 in new equipment, $20,000 i
Schach [20]

Answer:

The firm earns revenues of $360,000 per year. To receive a normal profit, the firm described above would have to earn additional revenue of $90,000

Explanation:

As per the information provided in the question, the current profit/loss after deducting all expenditure from income is as follows:

Particular                                     Amount ($)

Revenue                                      360,000

Less: Wages and Salaries          (200,000)

Less: Materials                             (75,000)

Less: New Equipment                  (30,000)

Less: Rented Property                 (20,000)

Less: Interest Costs                      (35,000)

Profit/Loss                                           0

As confirmed from the calculation above currently no profit is being earned even after the owner/manager not receiving income from the firm. Therefore, the firm should generate additional revenue of $90,000 in order to earn normal profit.

8 0
3 years ago
How can you create a personal budget
Alisiya [41]
You can use excel to create one
8 0
3 years ago
Generally, the payment of an accelerated death benefit is _______ to a recipient if the benefit payment is qualified.
IrinaK [193]

The correct answer is Tax free.

An Accelerated Death Benefit (ADB) enables the holder of a life insurance policy to obtain a portion of the death benefit from the insurer before passing away. The policyholder must typically have a terminal illness with a life expectancy of two years or fewer.

<h3>How are benefits for hastened death paid?</h3>

A lump amount may be provided as part of some hastened death benefits. With a benefit for a terminal disease, this happens more frequently. Payments for chronic illnesses are more frequently made. According to Schelhaas, some accelerated death benefit riders are simple because they pay a specific portion of the death benefit.

To know more about Insurance , visit: brainly.com/question/27822778

#SPJ4

8 0
2 years ago
Which of the following organizations would be MOST likely to face a dynamic/complex environment? a. Oracle b. Whirlpool c. JCPen
alekssr [168]

Answer:

The correct answer is letter "A": Oracle.

Explanation:

Dynamic-complex organizations are those with diverse operations that are constantly changing because of the rapid development of their industry. Firms that fall into this category are mainly technological which products tend to have a short life cycle.

Thus, <em>American cloud-solutions company Oracle can be described as one having dynamic-complex processes.</em>

8 0
3 years ago
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