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3 years ago

What happens to the percentage of an income that is taxed when income rises and the tax is a proportional one?

Business

2 answers:

denis23 [38]3 years ago

6 0

its D the precentage stays the same i took the test

Tanya [424]3 years ago

5 0

"The percentage of tax rises" is what <span>happens to the percentage of an income that is taxed when income rises and the tax is a proportional one. The correct option among all the options that are given in the question is the second option or option "B". I hope that this answer has come to your desired help.</span>

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Which is the most common method for calculating credit card balances? A. Previous balance method, B. Adjusted balance method, C.

fenix001 [56]

The correct answer is C. Average daily balance method.

In average daily we consider balance interest or owed at the end of the day.

To calculate debt credit card we take the percentage of the total amount of current balance which will be termed as the interest then add one percent of the principal.

T o calculate for daily credit card balance we total the balance in the billing cycle everyday then you will divide your total with the number of days which in the cycle.

8 0

3 years ago

Read 2 more answers

A weaker dollar benefits_______and hurts______.

oksian1 [2.3K]

Answer:

C. American businesses; American consumers.

Explanation:

Currently so many businesses of America are overseas, approximately 40%.

Now when the dollar turns weak these businesses are benefited in a manner that is the buyers needs to pay more for such deals.

Further with this as the buyers needs to pay more, even in the country the imported goods turns expensive as dollars decrease their value.

Accordingly, it is the american business man who gets benefited with weaker dollar, and the american consumer has to pay more for this.

4 0

3 years ago

Which is an example of a person who is ambitious?

DerKrebs [107]

Answer:C. someone who is content to accept whatever comes their way

Explanation:

It's because the definition is perfectly helptful.having or showing a strong desire and determination to succeed.

6 0

3 years ago

Suppose a tax of $3 is imposed on each new garden hose that is sold, resulting in a deadweight loss of $22,500. The supply curve

liq [111]

Answer: Equilibrium quantity of garden hoses after the tax is imposed is 85000.

Explanation:

Given that,

Dead weight Loss = $22500

Tax amount per unit (t) = $3

Equilibrium quantity before tax, $Q_{b}$ = 1,00,000 units

Equilibrium quantity after tax, $Q_{a}$ = ?

Dead weight Loss = $\frac{1}{2} \times t \times (Q_{b} - Q_{a})$

22500 = 0.5 × 3 × (100000 - $Q_{a}$ )

$Q_{a}$ = 85000 units

∴ Equilibrium quantity of garden hoses after the tax is imposed is 85000.

4 0

3 years ago

Sue plans to mix peppermints worth $1.20 per lb with chocolates worth $2.40 per lb to get a 40 lb mix that is worth $1.65 per lb

Lunna [17]

Answer:

Each should be used as follows:

Weight of peppermints = X = 25 lb

Weight of Chocolates = Y = 15 lb

Explanation:

Suppose

Weight of peppermints = X

Weight of Chocolates = Y

So According to given condition

X + Y = 40 (Eq. 1)

1.2X + 2.4Y = 1.65*40

1.2X + 2.4Y = 66 (Eq. 2)

By multiplying (Eq. 1) with 1.2 we get

1.2X + 1.2Y = 48 (Eq. 3)

Now by subtracting (Eq. 2) from (Eq. 3)

(1.2X + 1.2Y) - (1.2X + 2.4Y) = 48 - 66

1.2X + 1.2Y - 1.2X - 2.4Y = -18

1.2X - 1.2X + 1.2Y - 2.4Y = -18 (Rearrange)

-1.2Y = -18

1.2Y = 18

Y = 18/1.2

Y = 15

By placing value of Y in (Eq. 1)

X + 15 = 40

X = 40 - 15

X = 25

<u>Check</u>

1.2X + 2.4Y = 66

1.2 (25) + 2.4 (15) = 66

66 = 66

6 0

3 years ago