If the US government reduces the paid by the wealthiest citizens, while decreasing welfare payments to the poorest Americans, the result will likely be <u>efficiency and a loss in equality in the US.
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Income Tax
The word "income tax" refers to a category of tax that governments apply on income produced by organizations and people under their control. Taxpayers are required by law to file an income tax return each year in order to establish their tax liabilities.
Income taxes provide money for governments. They are employed to settle government obligations, finance public services, and satiate the needs of the populace. Along with the federal government, several states and local governments also require payment of income tax.
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Answer:
It is common practice among currency traders worldwide to both price and trade currencies against the U.S. dollar. If a currency dealer who makes a market in 5 currencies against the dollar. If he were to supply quotes for each currency in terms of all of the others, he would have to provide 30 different quotes. There are 6 total currencies including U.S. dollar, therefore, he would be providing 5 different quotes for one single currency, therefore, to provide quotes for 6 currencies, he would have to provide 30 different quotes as six multiplied by 5 comes 30.
Answer:
total annualized inventory holding and ordering costs = $15,000
Explanation:
total number of orders per year = 120,000 units / 1,200 units per order = 100 orders per year
total ordering cost per year = cost per order x number of orders per year = 100 orders per year x $75 per order = $7,500
average inventory = 1,200 units / 2 = 600 units
annualized inventory holding costs = 600 units x 25% holding cost x $50 cost per unit = $7,500
Answer:
Benefits enjoyed by not having trash in unused building and vacant plots
Explanation:
Opportunity cost is the foregone benefit by deciding in favor of one item over the others. It is the value of the forfeited option. Opportunity cost is quantified as the cost of the next best alternative.
The local government has two options; to support local businesses or two remove trash from buildings. It has opted to support local businesses. Removing trash is the foregone benefit. The joy of having trash-free buildings and plots is the forfeited advantage. The value of a clean surrounding or the benefits derived by not having trash in the neighborhood is the opportunity cost.
The statement above is TRUE. Team development is divided into five distinct stages which are: forming, storming, norming, performing and adjoining. The storming stage is the stage where team members bring their divergent ideas to the table about how the team should work. Conflicts usually arise during this period and it is the least productive stage of the team development.
