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Bingel [31]
3 years ago
14

The national defense of the United States is not rival because

Business
1 answer:
MrRissso [65]3 years ago
4 0

Answer: Option (A) is correct.

Explanation:

The national defense of a nation is considered as a public good. We know that public good has two major characterstics that are non-rival and non-excludable.

Non-rival goods refers to the satisfaction level or the utility obtained from a particular good will not reduce from one person's consumption. The amount of good available to other individuals remains the same.

Therefore, if one person is enjoying national defense then this will not reduce the satisfaction level obtained from the national defense for the other individuals.

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3 years ago
Which of the following statements about income taxes is not correct?
Anastaziya [24]

The correct statement regarding the income tax is Deductible temporary differences give rise to deferred tax liabilities, meaning that more tax is payable in the future. hence option C is correct

<h3>What is income tax?</h3>

A tax placed on people or organizations in relation to their income or profits is known as an income tax. Tax rates multiplied by taxable income are typically used to calculate income taxes. Tax rates might change depending on the taxpayer's attributes and source of income.

The complete part of the question is below:

A) Review Later Income tax expense includes both the amount of tax payable in the current period and the amount of tax due in future periods.

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D)Deferred taxes arise because of temporary differences between the tax base and the carrying amount of assets and liabilities on the balance sheet.

Hence option C is correct.

Learn more about income tax:

brainly.com/question/17075354

#SPJ1

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The foreign purchases, interest rate, and real-balances effects explain why the select one:
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