Tax progressivity refer to a system in which individuals earn more pay higher taxes.
United States taxation system is considered tax progressive, individuals who earned up to $ 8,375 fell to the 10% tax bracket, meanwhile those who earn more than $ 373,650 fall to the 35 % tax bracket
Answer:
Both Ginni and Warren
Explanation:
Both Ginni and Warren, because both partners have unlimited personal liability. In any case of wimhich partner owns a larger percentage of the company, still both of them are equally liabile.
Answer:
Central Bank
Explanation:
A public authority that provides banking services to commercial banks and regulates financial institutions and markets is called a "Central Bank".
A Central Bank oversees the activities of commercial banks and creates regulations in order to control the activities of financial institutions.
Every commercial bank is answerable to the Central bank. This enables the central bank to provide the services needed by the commercial banks.
The Central bank is the apex financial institution.
Answer:
d. All of these explanations could be relevant.
Explanation:
Change in demand for small luxury condominiums, from large single family homes could be : due to any of these three reasons - changing 'taste & preferences' of people
- Increase in senior citizen (old parents) , whose children have moved away from home. So, they might feel settling in community apartments better rather than full lonely homes (without children)
- Urban area aged people tend to have higher income & financial base for purchasing luxury condominiums
