Answer:
They help us determine if the system meets our needs.
Explanation:
Describe the seven major goals of the United States economy. They are: economic freedom, efficiency, equity, security, full employment, price stability, and growth.
Answer:
manu's father is 24 years younger than manu's grandfather and 30 years older than him. The sum of ages of all the three persons is 144 years. find the age of each of him.
The federal personal income tax is an example of a progressive tax.
<u>Explanation:</u>
- A progressive tax is defined as the taxable amount increases when the tax rate increases. The term progressive is known as the increase from low to high.
- A person's marginal tax is high when compared to the taxpayer's average tax rate.This progressive tax will tend the people who have a lower ability to pay will pay less and who are the higher ability of pay will pay high.
- To know that clearly, it is the personal income tax. People with lower income will pay less tax and people with higher income will pay high taxes
- Britain Prime Minister William Pitt the Younger was introduced the first modern income tax.
Answer:
Equilibrium = when supply is equal to demand.
Explanation:
