The tax refund that Lily can expect to get back from the tax authorities will be $15.80.
<h3>What is a tax?</h3>
A tax simply means the compulsory levy that's paid by the people and companies to the government.
In this case, the tax refund that Lily can expect back will be:
= 7.65% × $206
= $15.80
In conclusion, the correct option is $15.80.
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Answer:
A) a person who forms and operates a business
Explanation:
An entrepreneur is a person who forms and operates a business. An entrepreneur is one of the factors of production. Other factors include land, labour and capital.
An entrepreneur takes up the financial risk of a business.
An entrepreneur earns profit or loss.
A shareholder is a person who invests in an existing business
A bondholder is a person who lends capital to a new business
I hope my answer helps you.
Answer:
c. The owner of an intellectual property grants its use to a league in exchange for a fee.
Explanation:
Licensing occurs when: owner of an intellectual property grants its use to a league in exchange for a fee.
Answer: The consumer price index will increase, but the GDP deflator will not increase.
Explanation:CPI(Consumer p ice index) is a concept used in Macroeconomics to mean the weighted average of the prices of
A basket of consumer goods and services.
GDP(gross domestic product) Is the value of the entire goods and services rendered within an economy over a given period of time.
GDP Deflator determines the price changes of all goods and services produced within an country.
As the price of Italian shoes imported into the Unites States of America rises the CPI INCREASES BUT THE GDP DEFLATOR WILL NOT INCREASE.
