1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
babymother [125]
3 years ago
10

Evaluate the economic consequences of increasing progressive taxes in order to redistribute income (6)

Business
1 answer:
Troyanec [42]3 years ago
4 0

Answer:

Increasing progressive taxes in order to redistribute income may be seen as a fair and noble thing, but such measure may have several unintended consequences.

Explanation:

One consequence is that if taxes are raised too high on the highest earners, these people may simply leave the country for another one where taxes are lower. Wealthy people have the means to do so in the modern economy.

Another consequence would occurr if the taxes are raised too high on corporations. Corporations may either leave the country as well, or pass through the higher costs to the consumers.

All in all, progressive taxation is seen as a fair system by many economists, but it should be implemented with care, and by making cost/benefit analysis first.

You might be interested in
A television advertisement for Chick-fil-a shows several cows eating grass in a large field. The camera zooms out to show that t
JulsSmile [24]

Answer:

D) being original

Explanation:

An advertising copy is the main text or phrase used in an advertisement.

The copy used in this commercial is original, specially given the context. Generally advertisements show the product that is being advertised, not a substitute product (cow meat is substitute to chicken meat). This ad tries to be funny in showing that cows prefer people eating chicken instead of them.

8 0
3 years ago
Suppose the following information is available for Callaway Golf Company for the years 2022 and 2021. (Dollars are in thousands,
MrRissso [65]

Answer:

                                                                     2022         2021

EPS                                                                 $1.12         $0.99

Explanation:

EPS = NET INCOME / no of shares outstanding

       = $75801000/68000000 =1.12 (2022)

       = $68855000/ 69820000= 0.99 (2021)

3 0
3 years ago
Economists use price indices to remove _______ from price measurements.
Salsk061 [2.6K]
The answer is C. Inflation

Price indices are a normalized average of price relatives for a given types of products ( either goods or services) in a specific region, during specific interval of time

It's provided a statistic that is designed to compare the prices while separating the inflation as a factor
3 0
3 years ago
Kotrick Company has beginning inventory of units and expected sales of units. If the desired ending inventory is ​units, how man
saw5 [17]

Answer: $26,000

Explanation:

Ending Inventory = Beginning Inventory + Units to be produced - Sales

18,000 = 15,000 + Units to be produced - 23,000

Units to be produced = 18,000 + 23,000 - 15,000

Units to be produced = $26,000

7 0
3 years ago
_____ involves comparing the percentage of minorities and the percentage of women employed in each job category to the availabil
lisov135 [29]

Answer:

The correct answer is letter "A": Job group analysis.

Explanation:

Job group analysis is the evaluation carried out by a company to determine the amount of workforce available and the number of job positions required to cover the operations expected. Besides, it considers the diversity present among existing employees based on <em>age, race, gender or ethnicity</em> to mention a few examples.

3 0
3 years ago
Read 2 more answers
Other questions:
  • Titanium Metals Company had 20,000,000 shares of $0.01 par value common stock outstanding which had been sold for an aggregate a
    7·1 answer
  • Peter Ittig's department store, Ittig Brothers, is Amherst's largest independent clothier. The store receives an average of 8 re
    15·1 answer
  • You must go on a trip to china for your work. do not give your hosts presents that cost a lot. they might be embarrassed. they m
    6·1 answer
  • Who said "to be cheerful act as if cheerfulness were already there."?
    11·1 answer
  • The local community bus service, which is a monopoly, charges $2.00 for a one-way fare. The city council is thinking of raising
    6·1 answer
  • New corporate bond issues in excess of $50,000,000 are:________.
    11·1 answer
  • The buck store is considering a project that will require additional inventory of 216,000 and will increase accounts payable by
    15·1 answer
  • If you cause damage to your apartment, your landlord can
    13·2 answers
  • The following selected transactions were completed during March of the current year: March 1 Billed customers for fees earned, $
    14·1 answer
  • The United States experienced a deep recession between 2007 and 2009. Which type of unemployment would most likely increase duri
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!