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ella [17]
3 years ago
6

How does a proportional taxation system work?

Business
2 answers:
miss Akunina [59]3 years ago
5 0

Answer:

D. It makes all citizens pay the same percentage of their income in

taxes.

Explanation:

A proportional tax system imposes the same tax rate for all individuals regardless of the level of income. For example, if the tax rate is set at 5%, all taxpayers will be taxed at that rate. A person earning $10,000 will pay $500 (5% of 10,000) while the one earning $100,000 ( 5% of 5000)will pay $5,000.

A proportion tax system is also known as the Flat rate system. It is easy to compute and implement. The propositional tax system may appear to be fair because it treats all taxpayers equally and encourages people to earn more. However, it places a heavy tax burden on low-income earners.

Anon25 [30]3 years ago
4 0

Answer: it makes all citizens pay the same percentage of their income in taxes

Explanation: A P E X

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What is one characteristic of a hybrid ARM loan?
marta [7]

Answer:

Hybrid ARMs

A hybrid ARM features an interest rate that is fixed for an initial period of time, then floats thereafter. The "hybrid" refers to the ARM's blend of fixed-rate and adjustable-rate characteristics.

Explanation:

3 0
3 years ago
(True/False) A decrease in demand means that quantity demanded is lower at each price level.
Bas_tet [7]

Answer:

True

Explanation:

A decrease in demand means that consumers plan to purchase less of the good at each possible price

7 0
4 years ago
John is a drummer who purchases his drumsticks online. When practicing with the newest pair, he notices they feel heavier than u
Vinil7 [7]

Answer:

0.0042 is the probability of the stick's weight being 2.33 oz or greater.  

Explanation:

We are given the following information in the question:

Mean, μ = 1.75 oz

Standard Deviation, σ = 0.22 oz

We are given that the distribution of drumsticks is a bell shaped distribution that is a normal distribution.

Formula:

z_{score} = \displaystyle\frac{x-\mu}{\sigma}

P(stick's weight being 2.33 oz or greater)

P(x > 2.33)

P( x > 2.33) = P( z > \displaystyle\frac{2.33 - 1.75}{0.22}) = P(z > 2.6363)

= 1 - P(z \leq 2.6363)

Calculation the value from standard normal z table, we have,  

P(x > 2.33) = 1 - 0.9958 =0.0042= 0.42\%

0.0042 is the probability of the stick's weight being 2.33 oz or greater.

6 0
3 years ago
Feemster Corporation manufactures and sells a single product. The company uses units as the measure of activity in its budgets a
damaskus [11]

Answer:

$288 (F)

Explanation:

In order to calculate activity variance we subtract actual results from the flexible budget. Moreover, the flexible budget is determined by taken into account both fixed and variable expense of the activity. This is shown below:

Flexible Budget of Selling and Administrative Expense = 25,900 + (2.1 x 5,980) = $38,458

Variance = 38,170 - 38,458 = $288 (F)

Because the actual expense is less than the flexible budget, the variance is favorable (F).

Note: Variable flexible budget is calculated by multiplying the variable rate with the actual units produced.

5 0
3 years ago
What is an external force that affects businesses? motivated employees motivated employees advances in technology advances in te
yanalaym [24]

A company or organization has minimal influence over external factors, such as governmental policy, technology, and market conditions.

External factors:

  • Things outside of a firm that affect its success are known as external factors. They may have a beneficial or negative effect. Its only option is to respond to them by taking actions that will support its continued prosperity.
  • Situational factors, often referred to as external factors, are influences that come from outside of the individual, such as the surrounding circumstances and people. Situational factors include things like your surroundings, your place of employment and education, and your neighbors.
  • Numerous internal and external elements, including society, family, loved ones, ethnicity, race, culture, geography, opportunity, media, interests, appearance, self-expression, and life events, have an impact on identity creation and progression.
  • Therefore, technological advancements would be considered an external factor.

Learn more about  external factors here brainly.com/question/20382185

#SPJ4

5 0
2 years ago
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