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bogdanovich [222]
3 years ago
7

In a progressive tax system, who pays a greater proportion of their income in taxes?

Business
1 answer:
lys-0071 [83]3 years ago
7 0

Answer:

B. people with high incomes

Explanation:

A progressive tax system imposes high tax rates to high-income earners. In a progressive tax system, the applicable tax rates are based on income level. The higher the income, the higher the tax rate.

Low-income earners will be taxed at a lower rate, hence only a small proposition will be used for taxes. High-income earners will be taxed using a higher tax rate, meaning a bigger proposition of their income will be spent on taxes.

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What are ethics?
PtichkaEL [24]

Answer:

I think it's A

Explanation:

I hope it helps

3 0
3 years ago
Arrange six departments into a 2 x 3 grid so that these conditions are satisfied: 1 close to 2, 5 close to 2 and 6, 2 close to 5
drek231 [11]

Answer:

1?3

256

Explanation:

If one is close to 2, then but so is five, and 6 is near five then they all have to be on there own row. Seeing as 3 is close not close to 1, or 2, it has to be the furthest away from them as it can be, and the questionmark is there because you only have five numbers, (1,2,3,5,6) so there isn't enough info for the question mark to have an answer.

5 0
3 years ago
A business organized as a corporation is owned by its:
polet [3.4K]

Answer:

Stockholder

Explanation:

A business organized as a separate legal entity owned by stockholders is a corporation

7 0
3 years ago
he SLF curve is the supply of loanable funds curve and the PSLF curve is the private supply of loanable funds curve. The equilib
Vaselesa [24]

The equilibrium interest rate is 5 percent, the equilibrium quantity of loanable funds is increased to $250 billion and the government has a budget $100 billion.

Explanation:

The government enters the market when it has a surplus. The tendency of government budget is to rise the real interest rate and decrease investment. The private supply of the loanable funds will increase to match the quantity of loanable funds based on the government demand.

when the Government surplus is for $100 billion a year, the equilibrium interest rate falls to 5 percent and the equilibrium quantity of loanable funds increases to $250 billion a year.

Thus, The SLF curve is the supply of loanable funds curve and the PSLF curve is the private supply of loanable funds curve. The equilibrium interest rate is increased to 5 percent, the equilibrium quantity of loanable funds is $ 250 billion and the government has a budget of $100 bilion.

3 0
3 years ago
What is the term used to describe a systematic process of objectively obtaining evidence regarding assertions about economic act
Norma-Jean [14]

Answer:

c. External audit.

Explanation:

These are options for the question

a.

Internal audit.

b.

Financial audit.

c.

External audit.

d.

Integrated audit

External audit in finance in finance is usually carried out by an external auditor to examine financial statement of an organization. It helps to know

the economic actions going on in the organization and how accurate is the financial statement.

It should be noted that External auditor that carry this out should be from another organization different from the company that the auditing is carried out in.

6 0
4 years ago
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