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WARRIOR [948]
4 years ago
9

Which of the following policy actions do the authors propose to offset the negative consequences of rising income inequality? Ch

oose one or more:________. A. modestly lower average tax rates B. modestly higher average tax rates C. a relatively modest boost in the historical growth rate of government redistributive transfers D. a relatively modest drop in the historical growth rate of government redistributive transfers
Business
1 answer:
Sedaia [141]4 years ago
5 0

Answer: B. modestly higher average tax rates.

C. a relatively modest boost in the historical growth rate of government redistributive transfers.

Explanation:

The policy actions that authors propose to offset the negative consequences of rising income inequality are modestly higher average tax rates and the relatively modest boost in the historical growth rate of government redistributive transfers.

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Wrong Deck. Penny hires Jackson to paint the back deck on her house. She agrees to pay him $200 for the job and he accepts, sigh
butalik [34]

Answer:

This was an executory contract because neither party has fulfilled their contract obligations (consideration). In other words, the contract has not been fulfilled yet, and both parties are still responsible for performing their contract obligations.

Even after Jackson mistakenly painted the neighbor's deck, the contract remains as executory since neither party has performed their obligations.

5 0
3 years ago
A credit sale of $4700 is made on April 25, terms 2/10, net/30, on which a return of $250 is granted on April 28. What amount wi
Mkey [24]

The amount that will be received as payment in full by the seller after deducting the return of $250, and applying the 2/10, net/30 terms will be equal to $4,361 on May 4.

<h3>What is the 2/10, net/30 rule?</h3>

2/10 Net 30 refers back to the change credit offered to a customer for the sale of products or services. 2/10 net 30 approach that if the amount due is paid within 10 days, the customer will experience a 2% discount.

Otherwise, the amount is due in complete within 30 days.

As per the information:

Selling price: $4,700

Discount: 2% (if paid within 10 days of purchase)

returned: $250

The actual amount to be received by the seller:

\rm\, Actual \,Amount \,to\, be\, Received = (\$4,700 - \$250) \\\rm\, Actual \,Amount \,to\, be\, Received= \$4,450 \times 0.02 \\\rm\, Actual \,Amount \,to\, be\, Received= \$4,450 - \$89 \\\rm\, Actual \,Amount \,to\, be\, Received= \$4,361

Hence, The amount that will be received as payment in full by the seller after deducting the return of $250, and applying the 2/10, net/30 rule will be equal to $4,361 on May 4.

learn more about 2/10 Net 30 terms:

brainly.com/question/19865944

#SPJ1

6 0
2 years ago
An online buying club offers a membership for $115, for which you will receive a discount of 10 percent on all brand-name items
Vikki [24]

Answer:

$1,150 worth of items

Explanation:

Given that,

Club offers membership = $115

Discount of all brand name purchase = 10%

Therefore, to cover the cost of membership,

You would have to purchase = 115 ÷ 0.10

= 1,150.

So, you have to buy items worth $1,150 to cover the cost of the membership.

Note that,

Discounts are a reduction in the original cost of a commodity, usually done in order to attract customers.

6 0
4 years ago
The Open Grill incurred the following costs in acquiring a new piece of land:Cost of the land $ 80,000. Commissions 4,800.Liabil
rodikova [14]

Answer:

B

Explanation:

we are to calculate the total land cost recorded in this question;

To get the cost recorded we do the following;

Cost of land recorded = cost of land + commissions + cost of removing existing building - sale of salvaged materials on land

cost of land recorded= 80,000+ 4,800 + 20,000 - 4,000 = $100,800

8 0
4 years ago
Read 2 more answers
Suppose investors can earn a return of 2% per 6 months on a Treasury note with 6 months remaining until maturity. The face value
Katena32 [7]

Answer:

Price of treasury bill = $9,803.92

Explanation:

<em>The price of the treasury note would be the present value of the future receivable on maturity discounted at the rate of return of 2% per six-month.</em>

The formula is FV = PV × (1+r)^(n)

PV = Present Value- ?

FV - Future Value, - 10,000

n- number of years- 1/2

r- interest rate - 2%

PV = 10,000 × (1.02)^(-1)

PV = 9,803.92

Price of treasury bill = $9,803.92

5 0
3 years ago
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