Select the examples that best demonstrate likely tasks for Revenue and Taxation workers. Check all that apply.

Economic growth is likely to be faster when Group of answer choices higher tax rates are imposed on high income individuals in o

Crank

Answer:

Explanation:

Economic growth is likely to be faster when domestic markets are opened to foreign sellers and foreign investors. Meaning if markets in a country are opened to the sellers outside thè country and also investors the ecomomy will grow because this is bring more money into the system which wiĺ bring more taxes, mkre jobs, more production and also momey in circulation.

7 0

3 years ago

Nick and Matt are the partners in a local health food store. They

Grace [21]

a. The amount that each invested is: Nick $21,900; Matt $51,100.

b. Percent of the business owned by Matt is 70%.

a. Amount invested by each

First step is to calculate the total parts

Total parts=3x + 7x

Total parts=10x

Second step is to calculate the cost per part(x)

Cost per part(x)=73,000/10

Cost per part(x)=7,300

Third step is to calculate the money invested by Nick and Matt

Money invested by Nick=3x

Money invested by Nick=3×7,300

Money invested by Nick=$21,900

Money invested by Matt=7x

Money invested by Matt=7×7,300

Money invested by Matt=$51,100

b. Percent owned by Matt

Using this formula

Percent owned by Matt =Part owned by matt/Total part

Let plug in the formula

Percent owned by Matt =7x/(3x+7x)

Percent owned by Matt=7x/10x

Percent owned by Matt=0.7×100

Percent owned by Matt =70%

Inconclusion the amount that each invested is Nick $21,900; Matt $51,100 and the percent of the business owned by Matt is 70%.

Learn more here:

brainly.com/question/17250642

8 0

3 years ago

The market for kiwis is in equilibrium at a price of $1.50 per pound. if the government imposes a price ceiling in the market at

Pepsi [2]

Hi .10 i guess the answer

3 0

3 years ago

To an economist, an increase in demand means the same thing as an increase in quantity demanded.

Morgarella [4.7K]

<span>This is false. An increase in demand is more major than an increase in quantity demanded. Quantity demand refers to the demand of a product at a particular price and is only a movement on the demand curve. An increase in demand would cause the demand curve to shift which is more major than a movement and it encompasses the entire relationship between price and demand.</span>

7 0

3 years ago

A class-action suit against a utility company resulted in a settlement of $2 million for 70,000 customers. If the legal fees, wh

amm1812

Answer:

Each plantiff receives approximately $22.86

Explanation:

A class action lawsuit is one in which the plaintiff is a group of people, duly represented by a member of that group. In this case, the group of people is made up of 70,000 customers.

To calculate the amount each plaintiff receives, we will first subtract the legal fee from the total settlement, to obtain effective amount to be shared

Total settlement = $2,000,000

Legal Fees = $400,000

Therefore amount received all plaintiff = $2,000,000 - $400,000 = $1,600,000.

Next we will divide total amount to be shared by the number of plaintiff;

Amount each receives = $1,600,000 ÷ 70,000 = $22.857 = $22.86 (to 2 decimal places).

It is important that you know also that legal fees are amounts charge by lawyers on the settlement to be paid when filing a lawsuit. it is usually set as a certain percentage of the settlement amount to be paid.

6 0

4 years ago