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3 years ago

Which of the following statements about taxes is FALSE?

Business

2 answers:

enot [183]3 years ago

5 0

States dont collect income tax the government does so B

rewona [7]3 years ago

4 0

Answer: The answer is B: Some states don't collect tax.

Explanation:

Taxes are compulsory levies imposed on individuals by the government. It also refers to the money an individual pay to the government in order to provide public services. Taxes are levied to raise revenue for government expenditures. Taxes are used to construct and maintain good roads, build school, provide good sewage system, provide defence, electricity and so on.

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Bundle A is strictly preferred to bundle B, and bundle B is strictly preferred to bundle C. If the utility associated with B is

Nadya [2.5K]

Answer: (63, 50, 44)

Explanation:

Utility is the satisfaction that we derive as consumers when we consume or use a certain product.

Since Bundle A is strictly preferred to bundle B, and bundle B is strictly preferred to bundle C, it means that the value of Bundle A must be more than B and C while that of Bundle B must be more than bundle C.

Therefore, the correct option is B which is (63, 50, 44)

3 0

3 years ago

Why is interest typically paid on a loan? A. to compensate the borrower for borrowing from a specific lender B. to ensure that p

Svet_ta [14]

Answer:

The correct answer is option D.

Explanation:

An interest rate is an amount charged by a lender on the use of assets. It is expressed as a percentage of the principal. The interest rate is the return on lending for a lender and the cost of borrowing for the borrower.

Interest is typically paid on a loan to compensate for the opportunity cost of lending money. A lender could invest the money instead of lending and get a higher return from it.

To compensate for not using the money for an alternative purpose or for temporarily making do without the money that was lent, the borrower pays a certain percentage of principal to the lender.

4 0

3 years ago

The amount by which the total benefits to consumers exceed their total expenditure is called _____, and if the price is b, is de

lesya692 [45]

The amount by which the total benefits to consumers exceed their total expenditure is called consumer surplus, and if the price is b, is depicted by the area <span>BCD</span>.

My response is based on this figure which I've attached.

7 0

3 years ago

Helppppppp me please?!!!

maxonik [38]

Answer:

idk lol I just use this just so I can get my work done

5 0

3 years ago

MULTIPLE CHOICE. Choose the one alternative that best completes the statement or answers the question. 1) A T-bill quote sheet h

VashaNatasha [74]

Answer:

1) B

2) A

3) D

Explanation:

1) Discount yield(%) = Face value - Purchase value/Face value X 360/Maturity ( in days) X 100%

Discount yield (quote) = 5.11; Face value = $10,000; Let Purchase value = x; Maturity = 90 days

(5.11)% = $(10,000 - x)/$10,000 X 360/90 X 100%

5.11 = 400(10,000 - x)/10,000

x = 4,000,000 - 51100/400 = 3,948,900 = $9,872.25

3) Face value = $10,000; Purchase value = $9,850; Maturity = 120 days

Investor's bond equivalent yield(%) = $(10,000 - 9,850)10,000 X 360/120 X 100%

= 45/10 = 4.5%

4 0

3 years ago