Global trade, it means the trade-business of goods and services across the world. which help countries to find products of best quality as well as price. For instance, mostly countries get products from china because they have good manpower and there prices are reasonable. it also known as import and export businesses.
Answer: The price of the product must have declined.
Explanation: If the supply for a product increases the supply curve shifts down to the right. With demand for the product unchanged, this will lead to a decline in the price of the product and an increase in quantity.
As can be seen in the figure, Supply curve shifts from S0 to S1, and price falls from P0 to P1.
Answer:
The correct answer for the following question is $1951.
Explanation:
FICA is know as Federal insurance contribution act, which is a federal law, that requires employer to withhold three distinct taxes from the wages of the employee. They're -
1) A social security tax which is 6.2%
2) Medicare tax which is 1.45%
3) Medicare surface tax of .9%, which is to be paid by a person who has income over $200,000
As the Asteria income is $25,500, she will not pay the last medicare surface tax, but she will pay both social security tax and medicare tax.
Social security tax = $25,500 x 6.2%
= $1581
Medicare tax = $25,500 x 1.45%
= $370
So the total amount withheld from her - $1581 + $370
= $1951
Answer: The total of $350,000 will be Maria and Javier's qualified business income.
Explanation:
The amount of guranteed payments, i.e., $500,000 will not be included in the qualified business income. Therefore, their qualified business income is $350,000. Since they are equal partners, we will divide the $350,000 by 2 which will give us $175,000 for each of them.
