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Svetlanka [38]
2 years ago
11

All you need to know to do your taxes is your gross income. True or False

Business
1 answer:
Virty [35]2 years ago
6 0

Answer: Taxable income starts with gross income, then certain allowable deductions are subtracted to arrive at the amount of income you're actually taxed on. Tax brackets and marginal tax rates are based on taxable income, not gross income.

sooo no

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In the economy of Mankewistan in 2015, consumption was $6000, exports were $1000, GDP was $10,000, government purchases were $18
hodyreva [135]

Answer:

$2,400

Explanation:

We know that

GDP = Consumption + Investment + Government purchase + Net exports

where,  

Net exports = Exports - imports

                    = $1,000 - $1,200

                    = -$200

Now the investment is

$10,000 =$6,000 + Investment + $1,800 - $200

$10,000 = $7,600 + Investment

So, the investment equal to

= $2,400

6 0
2 years ago
Van has saved $30 per week to buy a new Blu-Ray player. He compares two different models: a Panaview that is priced at $130 and
creativ13 [48]

Answer:

Money is served three purposes- unit of account, store of value and medium of exchange

Explanation:

In this question, we are to identify the role money plays in each of the following parts of the story.

Money is used to measure the valueof good in money unit, so the values can be compared easily.

In the first case, Van is comparing between value of goods. the money serves as unit of account.

Money is used as medium of echange to avoid the difficulty arising out of goods to goods exchange.

In the second case, Van is exchanging $140 for the DVD, money is serving as medium of exchange.

Money also has store of value, it can be saved and exchanged for goods over time.

In third case, Van is saving money for future exchange, money is serving its store of value function.

3 0
3 years ago
Bababooey.................................................................
Serggg [28]

Answer: Are you bored because i am

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4 0
3 years ago
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A written promise to pay certain sum of money to another person or company is a
const2013 [10]

Promissory Notes Receivable

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2 years ago
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If you have contacted a seller to report a problem with a product and you were ignored, what should you do next?
KatRina [158]
Call back and try to report the problem again.
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