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4 years ago

Explain what business you would start today if given the opportunity. Why this business?

1 answer:

7 0

Answer I will start a You Tube job cause it easy not that easy but it much better then having a job with work and cause I failing school so I can't do a job that is math science social studies and that and I don't have to go drive to mine job when I can go do mine job is home and mostly cause I can do something I like in you tube like games

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To fully understand how taxes affect economic well-being, we must compare the a. benefit to buyers with the loss to sellers. b.

grin007 [14]

Answer:

It doesn't matter if the taxes are set upon the consumers or the producers, the difference between what the consumers pay and what the producers receive is the same. No one benefits from taxes, sellers lose and buyers lose.

Taxes are a necessary evil, but no one can argue that they benefit anyone, at least no one that works and pays them. Probably someone who doesn't work and just lives with the money they receive from government assistance programs might like taxes.

Taxes decrease total surplus, they decrease supplier surplus and they decrease consumer surplus.

The ideal scenario would be that the government uses their evil taxes and invest them well in good services that help society, but in the real world that doesn't happen all the time. Governments use taxes to pay for public goods like roads, security services, education, health, etc., and that is great. The problem is that they also spend $1 billion per plane because the plane manufacturer donates huge amounts to presidential candidates. Or the incredible amount of assistants, secretaries and other staff that each politician has and we pay for them all. When the government uses money efficiently, the social benefit exceeds the social cost of taxes, but efficiently is the keyword.

6 0

4 years ago

You’re trying to save to buy a new $180,000 Ferrari. You have $29,000 today that can be invested at your bank. The bank pays 3.6

Fudgin [204]

Answer:

It will take 337.18 years before you have enough to buy the car.

Explanation:

This can be calculated using the future value (FV) formula as follows:

FV = PV * (1 + r)^n ...................... (1)

Where:

FV = future value or the price of Ferrari = $180,000

PV = present value or thee amount you have today = $29,000

r = annual interest rate = 3.6%, or 0.036

n = number of years = ?

Substituting the values into equation (1) and solve for n, we have:

$180,000 = $29,000 * (1 + 0.036)^n

$180,000 - $29,000 = 1.036^n

151,000 = 1.036^n

Loglinearizing, we have:

log151,000 = nlog1.036

5.17897694729317 = n * 0.0153597554092142

n = 5.17897694729317 / 0.0153597554092142

n = 337.18

Therefore, it will take 337.18 years before you have enough to buy the car.

3 0

3 years ago

At what points do the roles of the architect and the engineer intersect? (Select all that apply.) staying within constraints of

ehidna [41]

The first and last one, the ones with the budget, and the one with the functional goals

4 0

4 years ago

What is likely to happen if the price of a product goes up?

sleet_krkn [62]

B because if the price goes higher then the supply’s are to decrease

7 0

3 years ago

Read 2 more answers

Suppose the reserve requirement is 10%.

mestny [16]

Answer:

B. more reserves, thus increasing the money multiplier and increasing the money supply.

In a fractional-reserve banking system, banks create money when they make loans. The more money they have available to make loans, the more money they create.

If the Fed reduces the reserve-requirements, banks will have more reserves available to loan out, increasing the money multiplier, and thus, the money supply.

A. rarely changes the reserve requirement and does not use the reserve requirement as a major monetary policy tool.

The Fed rarely uses this monetary policy tool because it is the most powerful one. Changing the reserve requirements effectively reduce or increase the money supply like no other monetary policy tool, therefore, the effects can be dramatic, and its use is a sign that all other tools have been exhausted (open-market operations, and discount window mainly).

Explanation:

3 0

4 years ago