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Paladinen [302]
3 years ago
5

The Laffer curve shows the relationship between tax rates and ____________ and depicts the benefits of cutting taxes when tax ra

tes are too high.
a- government spending
b- deficits
c- surpluses
d- tax revenues
Business
1 answer:
MrMuchimi3 years ago
7 0

Answer: tax revenue

Explanation:

The Laffer Curve was developed by Arthur Laffer and it depicts the relationship that exists between the tax rates and tax revenue.which the government collects.

The curve is typically used to show that there can be an increase in the total revenue for an economy when the tax rate is reduced.

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John Porter is an hourly employee of Motter Company located in New York City. This week, Porter had to travel to the company's r
Ilya [14]

Answer:

1. Overtime rate is $20.175

2. Total earnings are $699.4

Explanation:

1. OT rate - Overtime is typically paid at a rate of 1.5 times the normal hourly rate

OT rate = 1.5 x $13.45

OT rate = $20.175

2. Total earnings for John Porter

Sunday trip                = $20.175 x 3 hours   =+$60.525

Week normal hours  = $13.45 x 40 hours  = +$538

Training session        = $20.175 x 5 hours  = +<u>$100.875</u>

Total earnings                                                   <u>$699.4</u>

8 0
3 years ago
Vulcan Materials stock price soared in the days following the election of President Trump. Vulcan's products, such as asphalt an
aev [14]

Answer:

<h2>Spending on infrastructure projects is an example of <u>Discretionary Fiscal Policy</u> aimed at increasing real GDP and employment.</h2>

Explanation:

  • A discretionary fiscal policy basically refers to the manipulation or adjustment of various fiscal instruments by the government such as public taxes and government spending.
  • The aim of discretionary fiscal policy is to adjust the overall macroeconomic condition in any country based on the existing or current situation or scenario.
  • Now,infrastructural spending is part of fiscal policy or instrument to adjust the macroeconomic condition of the country as reflected by necessary modification in the GDP and employment level.Hence, higher infrastructural spending by the government would expectedly increase the residential and commercial construction projects in the country thereby,enhancing the GDP and the employment level in the country and boost the overall economy.
8 0
3 years ago
Inventory balances for the Jameson Company in October 2018 are as follows:
lbvjy [14]

Answer:

Total manufacturing costs added to production $186,000

Explanation:

The computation of the total manufacturing cost to be added is given below:

Raw materials,beginning $27,000  

Add: Purchases of direct materials $36,000  

Less: Raw materials,ending -$21,000  

Direct materials used $42,000

Direct labor             $60,000

Factory overhead costs $84,000

Total manufacturing costs added to production $186,000

8 0
3 years ago
How are logical operators used?
Bess [88]

Answer:

To identify and correct errors

Explanation:

4 0
3 years ago
प्रबंध की विशेषताएं क्या है?​
vredina [299]

Answer:

bilkul BHI answer nhi milega yha pr XD

5 0
3 years ago
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