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aleksklad [387]
4 years ago
12

During the Reagan administration, the Laffer curve was used to argue that: a. lower income tax rates could increase tax revenues

. b. the supply-side effects of tax cuts are relatively small. c. a "flat tax" would simplify the tax code and stimulate economic growth. d. discretionary tax cuts are unwise because they create stagflation.
Business
1 answer:
solniwko [45]4 years ago
6 0

Answer:

A) lower income tax rates could increase tax revenues.

Explanation:

The laffer curve is a theoretical model which argues that there a tax rate that theoretically produces the most revenue for the government. Said tax rate is between 0% and 100%.

President Reagan used this model to argue that a lower tax rate would actually increase government revenue. The logic behind this claim was that lower tax rates increases both public and private saving, which in turn increases investment, resulting in more economic growth, and more taxable income.

The validity of these claims is dispute and is subject to debate among economists.

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Explain the key function of the marketing manager..
harina [27]

Marketing manager analyze the demand regarding the product as well as the trend.

Explanation:

Marketing manager has to perform various responsibilities, they are as follows-

<u>Coordinates and advises various business activity</u>

A marketing manager looks after various activities such as packaging, storage, advertisement, transportation, sales  as well as purchase

<u>Identifying market potentials</u>

A marketing manager always look after the potential of the markets , the manager also keep knowledge regarding the product that is in demand, as well as look after the trend .

<u>Launch attractive product</u>

A marketing manager always try to produce new product that would attractive to the consumers and try to satisfy the demand of the consumers.

<u>Create a good market plan</u>

A marketing manager always has to make a good plan. A manager has to focus on which product need to be produced, how the packaging should be done, how to improve the storage, what will be the strategy for advertisement.

5 0
3 years ago
Compute the discounted payback period for a project with the following cash flows received uniformly within each year and with a
Alex Ar [27]

The discounted payback period for the project is 2.33 years.

Time  Cashflow PVF at 8% Present value  Cumulative Present value

0           -$100            1                 -100                          -100

1                40       0.925926     37.03704                   -62.963

<u><em>2              50        0.857339      42.86694                  -20.096</em></u>

3               60       0.793832      47.62993                   27.53391

<u>Note</u>

  • The PVF for each year are derived using the PVF calculator (i.e PVF, 8%, 0 years)
  • We can also observe that we are able to payback the money before the entire 3rd year, therefore, the 2nd year will be used in calculation of discounted payback period.

Discounted payback period = 2 Years + 20.096/47.6299

Discounted payback period = 2 Years + 0.33

Discounted payback period = 2.33 years.

Therefore, the discounted payback period for the project is 2.33 years.

Missing word includes <em>"Compute the discounted payback period for a project with the following cash flows received uniformly within each year and with a required return of 8%: Initial Outlay = $100 Cash Flows: Year 1 = $40 Year 2 = $50 Year 3 = $60"</em>

See similar solution here

<em>brainly.com/question/13247540</em>

3 0
2 years ago
A regression analysis of 117 homes for sale produced the following regression equation, where price is in thousands of dollars a
puteri [66]

Answer:

(a). For every additional square foot of area of a house, the price is predicted to increase by $61

(b) The asking price is $145410 and the residual is a negative $4100

Explanation:

As per the data given in the question,

a) From regression equation Slope = 0.061

So slope = (0.061 × 1,000) ÷ 1 sq. ft.

= $61 per sq. ft.

For every additional square foot area price is increased by $61

b) If size of the house is = 1600 square foot then

Price = 47.81 + 1600*0.061

=$145,410

The asked price is $4,100 less than estimated price and residual is not positive

Hence,

Asking price = $145,410

Residual price = a negative $4,100

5 0
3 years ago
MSI is considering outsourcing the production of the handheld control module used with some of its products. The company has rec
Alik [6]

Answer:

1)

cost of making (14000*22) = 308000

cost of buying (14000*(18+6)) = 336000

Difference cost = 28000

2)

No, Since, there is not other use of fixed cost, therefore, fixed cost will be a part of cost of buying.

3-a)

cost of making (14000*22) = 308000

cost of buying (14000*18) = 252000

3-b)

Yes, Since, there is other use of fixed cost, therefore, fixed cost will not be a part of cost of buying.

8 0
3 years ago
Read 2 more answers
Taking explicit account of a rival's expected response to a decision you are making is called:
IgorC [24]

The answer is strategic decision making. This is also referred as strategic planning in which a group of people or an individual engage into making or creating the goals or objectives that the organization would want to achieve or tackle in a way of providing altering strategies and to obtain the goal that they aim for.

7 0
3 years ago
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