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3 years ago

1. What is the author trying to say in comparing Becky's world with Desta's world? Help me

Business

1 answer:

Vinil7 [7]3 years ago

3 0

Answer:

The author is trying to say that the living standards of different classes of people depend on the economic choices they make and the economy of the nations they find themselves in.

Explanation:

The topic, "Mathematics and Economic Reasoning," began by comparing the world's of two girls namely Becky and Desta. Becky who lives in America has a good and comfortable living standard. Her father works at a good law firm where he earns well enough to cater for his family. He has some savings, insurance, two cars, and a partially mortgaged house.

Desta, on the other hand, lives in a poor village in Ethiopia where her family depend on farming to survive. They have no running water, electricity, adequate healthcare, enough food, etc. The author drew these comparisons to show that the environment a person finds himself can affect his economic standard of living.

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Clarice became very ill in August of 2019 and was unable to work the rest of the year. She had only $30,000 of income from her j

CaHeK987 [17]

Answer:

total taxable income = $73,000

tax liability = $7,505

Explanation:

Clarice's ordinary income $30,000

Clarice's capital gains:

selling of stock = $34,000 - $16,000 = $18,000
selling of coin collection = $55,000 - $30,000 = $25,000
total long term capital gains = $43,000

Clarice's taxable income = $73,000

Clarice's ordinary income tax rate 2011:

ordinary income = $30,000 - standard deduction $5,800 = $24,200

10% on taxable income from $0 to $8,500 = $850
15% on taxable income over $8,500 to $34,500 = $2,355

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Clarice's capital gains tax rate 2011 = 10%

capital gains taxes = $43,000 x 10% = $4,300

total tax liability = $7,505

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4 years ago

The older term, social service, referred to advancing human welfare. The new term, meaning to provide for the needs of various p

Mazyrski [523]

Answer:

Social welfare

Explanation:

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3 years ago

An asset used in a four-year project falls in the five-year MACRS class for tax purposes. The asset has an acquisition cost of $

tia_tia [17]

Answer:

After tax salvage value $1,278,852.8‬

Explanation:

MARCS five years class:

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0.2 + 0.32 + 0.192 + 0.1152 = 0,8272‬

(Data from the attached MACRS)

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We will be taxed for the difference between the basis and the salvage value:

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303,824 x 30% = 91,147.2

After tax salvage value:

salvage valeu - income tax expense

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3 years ago

A product is scarce when what happens?

blondinia [14]

D. Demand is greater than supply

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3 years ago

Read 2 more answers

Generally speaking, oligopolistic industries producing raw materials and semifinished goods usually offer differentiated product

LenaWriter [7]

Answer:

B) False

Explanation:

The correct phrase should be:

Generally speaking, oligopolistic industries producing raw materials and semifinished goods usually offer standardized products, while oligopolists producing consumer goods usually offer differentiated products.

An example of an oligopolistic industry that we all know about is the car industry. There are very few car companies in the world since only very large companies can actually manufacture cars. Car companies offer differentiated products.

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3 years ago