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melomori [17]
3 years ago
5

How does an increase in income increase tax revenue​

Business
1 answer:
earnstyle [38]3 years ago
6 0

Answer:

An increase in income will increase tax revenue because the more taxes and tax write-offs will lead to more in tax returns.

Explanation:

The more income you make the more taxes you will pay, after write-offs you will end up earning more back in tax returns than you would if you made less

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What actions would the fomc likely take if it were to pursue contractionary monetary policy using open market operations?.
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The key movements via are to increase the economy consist of a decreased bargain fee, buying government securities, and a decreased reserve ratio.

<h3>When the Fed makes use of contractionary policy?</h3>

When GDP in a kingdom is growing too fast, inflicting inflation to grow past a suited charge of two%, central banks will put in force a contractionary economic coverage. The Federal Reserve, or any principal financial institution, has three primary pieces of equipment to reduce the money supply.

A direct advantage of contractionary economic coverage is that it strengthens government budgets. As an instance, whilst the Fed's bargain price increases, the government earns extra cash from the banks that borrow budget from the Fed's cut price window. The government can use this supply of sales to offset spending and decrease price range deficits.

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2 years ago
Which example envolves a real world restriction that can affect your decision making process?
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I think the answer is family disputes
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3 years ago
Which best describes what happens to the amount of a good or service that is supplied to consumers? The amount of a good or serv
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The amount of a service cannot change. But the quality of a service can change positively or negatively

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3 years ago
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When examining the​ person-job fit of someone who is high in​ extroversion, we might expect that people high in extroversion wou
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Answer: Dependable on communication

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An extrovert is a person who is at ease with communication, working in a company whose culture is effective communication will be a great fit.

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Depreciation of noncurrent operating assets is an accounting process for the purpose of?
klasskru [66]

Noncurrent Operating Asset Depreciation is a procedure used in accounting to reflect declining asset values on the balance sheet.

A tangible item's cost can be spread out over the period of its useful life using the accounting approach of depreciation. Depreciation indicates how much of an asset's worth has been expended. It makes it possible for companies to buy assets over a predetermined period of time and profit from those assets. The immediate cost of ownership is greatly lowered because businesses do not have to fully account for them in the year the assets are purchased. A company's profits can be significantly impacted by not accounting for depreciation. Long-term assets can also be depreciated by businesses for tax and accounting reasons.

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