It encourages spending, which increases other kinds of tax.
<u>Explanation:</u>
Increasing the minimum wages increases the standard of people from the poverty line. It not only increases the welfare but also increases the spending among the people. But raising the wages also creates a negative effect causing inflation and higher costs for the business. This would decrease the profit of the firm.
The spending profile of employees helps us to access how they spend their extra earned money on purchasing things which is acquired by the government in the form of taxes. The combination of these direct and indirect effects results in lower economic activity.
<span>The Deepwater
Horizon oil spill affected an area of approximately 2,500 to 68,000
square miles, affecting the Gulf Coast of Mexico, especially the states
of Louisiana, Mississippi, Alabama and Florida. In
2013, in the state of Louisiana, they managed to eliminate 4,900,000
pounds of oil from beaches, twice the amount of oil collected in 2012.
The economies of the Gulf Coast states were terribly affected, as the
spill affected the industries, of which, the inhabitants of the coast of the four affected states depended. <span>More than a third of US waters in the Gulf were closed to fishing, to avoid further pollution.</span></span>
Answer:
The Answer is Segregation
Explanation:
Nelson fought against the Apartheid System which was base on the segregation of race in South Africa
What you should include in your business operating budget. The operating budget is one of two parts of the master budget. The operating budget describes the income-generating activities of the firm, such as sales, production, and finished goods inventory.