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3 years ago

seem as a group to be mildly regressive, and seem as a group to be mildly progressive.

Business

1 answer:

Sever21 [200]3 years ago

5 0

Answer: D) State and local taxes; federal taxes.

Explanation:

States and local taxes are seen to be mildly regressive because low income earners typically pay a higher proportion of their income when compared to the high earners.

For the federal taxes, they are seen to be mostly progressive because the higher earners pay a larger part of their income when compared to the lower earners.

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what are the intangible property that is protected by law which an enterpreneur should consider when starting up a business

Amanda [17]

Answer:

Several types of intanigle property, also known as intangible assets, are protected by law. The three main types are: copyrights, patents, and trademarks.

A copyright is a protection of a creative work like a book, a song, or a film

A patent is a legal protection for a scientific or technological invetion.

And a trademark is a protection of a phrase, name, brand, or symbol that identifies a particular company.

8 0

3 years ago

Suppose real GDP for a country is $1,200 billion. The GDP price index is 114.6. There are 25 million workers who work 36 hours p

8_murik_8 [283]

Answer:

1,333.33

Explanation:

Labor productivity is measures the hourly output of a country's economy. Specifically, it charts the amount of real gross domestic product (GDP) produced by an hour of labor.

total labor hours = 25milion x 36 hours per week

= 900 million

labor productivity = GDP ÷ total labor hours

labor productivity = $1,200 billion ÷ 900 million

$1,333.33 per hour

4 0

2 years ago

The people in an economy have $25 million in money. There is only one bank where they deposit their money and it holds 10% of th

Klio2033 [76]

Answer:

The people in an economy have $25 million in money. There is only one bank where they deposit their money and it holds 10% of the deposits as reserves. What is the money multiplier in this economy?

D. 10

Explanation:

10% of $25, 000, 000= $2,500,000

Money multiplier in this economy is by 10

6 0

2 years ago

Peter operates a dental office in his home. The office occupies 250 square feet of his residence, which is a total of 1,500 squa

Alex777 [14]

Answer:

$3,000

Explanation:

Per IRS form 8829, allocation of total expense to home office can be arrived by dividing the total usable area of home by the work area to get the percentage of expenses allocable to home office.

So, 250 square feet / 1500 square feet = 16.6666666%

Total expenses incurred;

Rent $12,000

Utilities 4,800

Maintenance 1,200

—————

Total $18,000x16.6666666%=$3,000

or simply, $18,000 x 250/1500 = $3,000 (to be exact in decimal points)

7 0

3 years ago

In 1993, Sheffield Company completed the construction of a building at a cost of $2,340,000 and first occupied it in January 199

erastova [34]

Answer:

Annual depreciation expense is $23,547

Explanation:

In the year 2022 the cost of the building will be written down value.

Using straight line depreciation method : (Cost - Salvage value ) / Useful life

Depreciation in 1994 = ( 2,340,000 - 69,600 ) / 40 years = 56,760

There is addition construction in year 2004 the carrying value of the building will be :

2,340,000 - ( 56,760 * 20 ) = 1,204,800

Depreciation in 2004 : ( 1,204,800 + 585,000 ) - 23,400 / 30 years = 58,880

Carrying value on 2022 :

1,789,800 - ( 58,880 * 18 years) = 729,960

Depreciation expense in 2022:

729,960 / 31years = $23,547

5 0

2 years ago

________ seem as a group to be mildly regressive, and ________ seem as a group to be mildly progressive.

seem as a group to be mildly regressive, and seem as a group to be mildly progressive.