Answer:
a.corporate profits and personal incomes
Explanation:
After being appointed by the then US president, Warren G. Harding, T. Mellon was tasked with reducing the large federal debt accumulated as a result of World War I. Hence, in his bid to achieve the aim, he increased revenue by lowering tax rates so a s to boost the economic activity as well as increasing overall tax revenue by encouraging more people to actually pay their taxes.
His then successfully cut taxes across the board both corporate and personal income tax, which was finally enacted by Congress in the Revenue Acts of 1921, 1924, and 1926.
In turn, the top marginal tax rate fell from 73 percent in 1922 to 24 percent in 1929.
Answer:
Dominion: Control, Rule, or Sovereignty.
Identify: To establish the origin, nature, or characteristics of.
Dialect: A regional variety of a language.
Descendant: The offspring of an ancestor.
Indo-European: A family of languages extending from India to Europe.
Germanic: A branch of Indo-European including English, Dutch, & Swedish.
Concept: An idea.
Distinguish: To recognize as different.
Communication: The exchange of thoughts by speech, signals, writing, etc.
Isolated: Separated or set apart from a group.
Analytical: Dividing into elemental parts or basic principles.
Answer:
C. as both labor and capital are increased, output increases at a decreasing rate
Explanation:
Answer:
From a statistical point of view, participants do not have enough information. To extrapolate statistical data, at least 30 subjects should be observed to make an inference, considering the traditional quantitative analysis and using the central limit theorem.
Explanation:
The central limit theorem, indicates that, in very general conditions, if Sn is the sum of n random independent variables and of not null but finite variance, then the function of distribution of Sn approximates to a normal distribution or Gauss distribution, therefore, the number of variables is quite enough in size to establish that the sample shares “normally” a characteristic such as “being obese” in the example referred regarding the tribe on the pacific island.
Answer:
sets a principle of goals for the party
