Answer:
It reduces the incentive to work hard and take risks to succeed
Explanation:
The argument against the use of the ability-to-pay principal of taxation is that It reduces the incentive to work hard and make more money and take risks to succeed .
Although Ability to pay principal of taxation believe that a person or an individual tax should depend on what the tax will tend to create to such individual when compared to the wealth of that individual, but many people argue that there should be equity , meaning everybody should pay the same tax rate in such a way that a person or an individual tax rate should not be higher or lesser than another person tax rate.
Answer:
$11,947
Explanation:
The following expenses shall be allowed as qualified higher education expense to Jose for the purpose of his son Qualified tuition program
Tuition Fees $6,400
Room and board $4,775
Books $772
Total expenses to be allowed $11,947
Policy economics is the application of the principles of economics to decision making (choices) by the various arms of the government sector.
<h3>What is Policy economics?</h3>
- The methods for determining tax rates, government spending, the money supply, and interest rates, as well as the labor market, national ownership,
- And many other areas of government interventions in the economy, are all included in the concept of the economy of governments.
- The federal government works to achieve three policy objectives in order to maintain a robust economy: stable pricing, full employment, and economic growth.
- The federal government has additional objectives to ensure sound economic policy in addition to these three policy goals.
- The Economic Policy (EP) Concentration's goal is to give policy professionals the abilities they need to develop and assess policy options, with a focus on how economics methods may be used to solve practical policy issues.
Learn more about Economic Policy here:
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Answer:
C. 45,000 units
Explanation:
Inventory of finished units at March 31
10,000
Add:
Sales units
40,000
Total units
50,000
Less:
Inventory of finished units March 1
(5,000)
Balance
45,000
Therefore, the number of units that the company should plan on producing in March is 45,000 units
Answer:
Control
Explanation:
Control in management as well as organization is very essential, it is very crucial for organization to achieve their goals. Control helps in the area of taking corrective measures whenever the needs arrises. It involves using technical as well as physical method in regulation of activities within an organization which will later reduces risk. It should be noted that control is
used to describe a technical, physical, or administrative process designed to reduce risk.
