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vova2212 [387]
3 years ago
11

Opponents of tax reforms intended to raise saving argue that such reforms a. favor those with high income, and that saving may n

ot rise because of the substitution effect. b. favor those with high income, and that saving may not rise because of the income effect. c. favor those with low income, and that saving may not rise because of the substitution effect. d. favor those with low income, and that saving may not rise because of the income effect.
Business
1 answer:
Dafna11 [192]3 years ago
5 0

Answer:

Option B                                

Explanation:

In simple words, under such tax reforms the government is intending to raise indirect taxes which will lead to higher prices of certain goods and is also declining taxes on savings. Both of these steps will work as an incentive for individuals to save more.

However a big majority of community is stating that this will only lead to more burden on the weaker section due to higher prices of commodities and will eventually result in lower standard of living for certain individuals.          

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what is a basic premise of the acquisition method regarding accounting for a noncontrolling interest?
miv72 [106K]
Answer: D) A subsidiary is an invisible part of a business combination and should be included in its entirety regardless of the degree of ownership.


What is a basic premise of the acquisition method regarding accounting for a non controlling interest?
A) Consolidated financial statements should not report a non controlling interest balance because these outside owners do not hold stock in the parent company.
B) Consolidated financial statements should be primarily for the benefit of the parent company's stockholders.
C) Consolidated financial statements should be produced only if both the parent and the subsidiary are in the same basic industry.
D) A subsidiary is an invisible part of a business combination and should be included in its entirety regardless of the degree of ownership.


D) A subsidiary is an invisible part of a business combination and should be included in its entirety regardless of the degree of ownership.
7 0
2 years ago
In an Internal Service Fund, the expectation is that:_____.A. Each year's revenues should equal each year's expenses because the
Elis [28]

Answer:

In an Internal Service Fund, the expectation is that:_____.

A. Each year's revenues should equal each year's expenses because the revenues are simply an allocation of that year's expenses.

Explanation:

There are two proprietary funds used in governmental accounting.  One is the internal service fund.  The other one is the enterprise fund.  The internal service fund tracks the goods or services rendered by a service department to other governmental departments.  It is established on a cost reimbursement basis.  This is why the expenses for the year are expected to equal the annual revenue.

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2 years ago
A smart card looks like a credit card but it has a(n) ________ built into it
miss Akunina [59]
It has a microchip built into it that you would insert into a machine instead of swiping it. 
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3 years ago
Often, through​ government-supported programs, students may obtain​ "bargain" interest rates such as​ 6% or​ 8% to attend colleg
ehidna [41]

Answer:

amount of interest due after 6 month is $1344

Explanation:

given data

borrowed P =  ​$42,000

interest rate = 6.4​% = 0.064

time period = 6 month  = 0.5 year

solution

we get here interest amount on 6 month that is express as

interest = principal ×  rate × time   ..........1

put her value and we get

interest  = 42,000 × 0.064  × 0.5

interest  = $1344

so amount of interest due after 6 month is $1344

5 0
2 years ago
Which type of investment income happens when an investor sells ownership in an equity investment that's gained value? (Select th
Westkost [7]

Answer:So, a capital gain is a profit that occurs when an investment is sold for a higher price than the original purchase price. Investors do not make capital ...

Explanation:

4 0
2 years ago
Read 2 more answers
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