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alex41 [277]
3 years ago
7

GINNY: I think itâs safe to say that, in general, the savings rate of households in todayâs economy is much lower than it really

needs to be to sustain an improvement in living standards. ERIC: I think a switch from the income tax to a consumption tax would raise living standards. GINNY: You really think households would change their saving behavior enough in response to a consumption tax to make a difference? Because I donât, and I donât see enough evidence to support your claim. The disagreement between these economists is most likely due to . Despite their differences, with which proposition are two economists chosen at random most likely to agree? Taxing polluters is one of the best ways to protect the environment. Rent controls will only add value to housing in a city. The erection of tariffs and quotas are preferable to free trade.
Business
1 answer:
zhuklara [117]3 years ago
6 0

Answer:

Taxing polluters is one of the best ways to protect the environment

Explanation:

You might be interested in
A monopolistic competitive firm is currently charging a price of $10 and producing 12,000 units/month. It faces monthly fixed co
gizmo_the_mogwai [7]

Answer:

either the selling price decreases or the total output decreases

Explanation:

The firm's income statement:

total sales revenue =            $120,000

minus total variable costs = ($72,000)

<u>minus total fixed costs =       ($15,000)  </u>

net profit =                             $33,000

The long run equilibrium for a monopolistically competitive firm occurs when the firm is making no economic profit since it is charging a price =  average total cost.

In this case the average total cost per unit = $6 per unit + ($15,000 / 12,000 units) = $7.25 per unit

Since the firm is currently charging a higher selling price than average total cost ($10 > $7.25), one or two things might happen in the long run:

  1. selling price will decrease
  2. output will decrease
5 0
3 years ago
On June 3, Swifty Company sold to Chester Company merchandise having a sale price of $3,300 with terms of 2/10, n/60, f.o.b. shi
goldfiish [28.3K]

Answer:

The Journal Entry and their narrations is shown below:-

Explanation:

The Journal entry is shown below:-

a. 1.Accounts Receivable Dr, $3,300

                   To Sales  $3,300

(Being sales is recorded)

Cash Dr, $3,234

Sales Discount Dr,  $66

(3,300 × 2%)

            To Accounts Receivable $3,300

(Being Payment received is recorded)

2. Accounts Receivable Dr, $3,234

=(3,300 × 0.98)

            To Sales $3,234

(Being sales is recorded)

Cash Dr, $3,234    

        To Accounts Receivable $3,234  

(Being payment received is recorded)

b. Cash Dr, $3,300  

       To Accounts Receivable $3,234  

        To Sales Discounts Forfeited 66

(Being payment received is recorded)

4 0
3 years ago
This Government Representative is appointed by the Contracting Officer to serve as a technical liaison between the Government an
Alex Ar [27]

Answer:

Contracting Officer Representative

Explanation:

  • An agent of a contracting officer is a person appointed in compliance with the subdivision of DFARS .and approved by the contracting agency in law to automate repetitive technological or essential functions.
  • A security officer is a man who shares information to interact and coordinate their events between two organizations.

by these process COR work.

3 0
3 years ago
The largest proportion of federal revenues comes from
NemiM [27]
The largest proportion of federal revenues comes from C. Personal income taxes.
6 0
3 years ago
On 12/31/2020, Heaton Industries Inc. reported retained earnings of $225,000 on its balance sheet, and it reported that it had $
USPshnik [31]

Answer:

$502,500

Explanation:

Heaton industries incorporation reported retained earnings of $225,000 on 12/31/2020

They also reported a net income of $172,500 during the year

On its previous balance sheet the company reported retained earnings of $555,000

Therefore the amount paid in dividends by Heaton during 2029 can be calculated as follows.

= $555,000+$172,500

= $727,500

$727,500-$225,000

= $502,500

Hence the amount paid in dividends by Heaton corporation during 2020 is $502,500

5 0
3 years ago
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