Based on this graph, the top 20 percent of the population consists of Top 1% and Next 19%. from the diagram above you can estimate that Top 1% has nearly 35% and Next 19% has nearly 55%.
Then the top 20% of the population hold about 35%+55%=90%.
Answer: correct choice is D.
'Fair' is really subjective, anyone will have their own opionion.
But i think the best way to define fair is if the tax structure give the same amount of weight throughout all economic classes
If i can replace the federal income tax structure, i would just give a straight percentage of amount to all economic classes, without anyway to cut with 'tax deductible tricks', like 20 % of annual income to all classes of economy. I
We are need skills to be able to do work. The above means that the leader’s management or organizing skills are particularly important.
<h3>The act of Organizing</h3>
- Organizing is simply known as when one is involve in assigning tasks, giving tasks into departments, sharing authority, and allocating resources etc. in all aspect of the organization.
During the organizing process, managers coordinate employees, resources, policies, and procedures to facilitate the goals identified in the plan.
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Answer: Interest rate flexibility
Explanation:
According to classical economists, there is an inverse relationship between the amount of funds invested by firms and the interest rate.
In a money economy, for Say's law to hold, the funds that are saved must give rise to equal amount of funds invested. Because to the Classical Economists belief in interest rate flexibility, they argued that saving will be matched by equal amount of investment.
Answer:
slow growth in buyer demand, weakly differentiated products among rival sellers.
Explanation:
There a number of causes that relate to the firms rivalry among its competitors.
1. Barriers to entry.
2. Bargaining power of the buyers.
3. Bargaining power of the suppliers.
4. Threat of substitutes.
5. Slow industry growth.
6. Lack of differentiation and switching costs.
7. Diverse competitors.
8. High strategic stakes.