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Lelu [443]
3 years ago
7

Joe and Fred are economists. Joe thinks that the wealthiest 10% of the US population should be taxed a rate higher than the rest

of society because they can better afford it. Fred thinks that everyone should be taxed at the same rate because that is the fairest scenario and the wealthy should not be penalized for their success. In this example, Joe and Freda. disagree about the validity of a positive theory.b. have different normative views about tax policy.c. must both be incorrect because tax policy is never that simple.d. None of the above is correct.
Business
1 answer:
Sonja [21]3 years ago
6 0

Answer:

B

Explanation:

Normative views are characterized for giving personal opinions in a subjective way about what something should really be. In this case, Joe thinks (subjective opinion) that the wealthiest 10% of the US population "should" be taxed and Fred thinks (subjective opinion) that everyone "should" be taxed.

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Nick has set up his steel factory near a community lake. The waste from his factory is directly thrown in the lake and is causin
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3 years ago
Using the aging method of accounts receivable method, $5,000 of the company's Accounts Receivable are estimated to be uncollecti
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Answer:

The correct answer is $4,500.

Explanation:

According to the scenario, the given data are as follows:

Uncollectible Account receivable = $5,000

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by putting the value, we get

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3 years ago
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Answer:

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Explanation:

Hope this helps.

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