Municipal governments refer to which of the following?

Social Studies

1 answer:

sleet_krkn [62]2 years ago

3 0

Answer:

City Governments

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Reductions in personal income tax rates that increase labor supply and work effort. True or False

ryzh [129]

Answer:

True

Explanation:

Supply side economist Arthur Laffer developed a theory to fully explain this which is known as the Laffer curve . It states :

If taxes are too high along the Laffer Curve, then they will discourage the taxed activities, such as work and

investment, enough to actually reduce total tax revenue. In this case, cutting

tax rates will both stimulate economic incentives and increase tax revenue.

From the theory a reduction in personal tax will prompt the zeal to work. Thereby attracting more people to work and more people to invest in the economy

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Some types of requirements, although they favor one protected class of people over another, can be legally justified if they are

Volgvan

Some types of requirements, although they favor one protected class of people over another, can be legally justified if they are a business necessity to the job or work the employee will do.

<h3>What is a business necessity?</h3>

In the business sphere, the necessity refers to the legal concept used to justify an employer’s employment criteria that disproportionately affect a group of individuals. This justification resides in the possibility that a company has legitimate reasons to operate under such restrictive employment practices.

Because of this, a firm can favor one protected class of people over another, can be legally justified if they are a business necessity to the job or work the employee will do.