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liq [111]
3 years ago
8

Suppose two economists are debating tax reform bill. Both economists agree that the bill would increase the after-tax income of

the top 5% of income earners. However, they disagree on whether the bill would improve the tax system. Which of the following is the most plausible reason for why these economists disagree?a) A lack of evidence about the long-run impact of the proposed bill.b) Differences in methodology.c) Different choices about the right simplifications to use in economic analysis.d) Differences in values.
Business
1 answer:
Margarita [4]3 years ago
5 0

Answer:

The correct answer is letter "C": Different choices about the right simplifications to use in economic analysis.

Explanation:

Economic Analysis refers to the study of economic situations within a region using different tools for that purpose that will let determine what the possible solutions and consequences of taking decisions of those situations could be. That is why in the case the two economists after analyzing the effects of the tax reform bill decided not to implement it.

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Which of the following should you do during an interview
stepladder [879]
Hey there!

The correct answer to your question is option A.

During an interview, you should tell stories of how worked with others to complete a project or solve problems.
This is because during an interview, you want whoever is interviewing you, to be comfortable with you and accept you! The other options won't make anyone want to accept you.

Hope this helps you.
Have a great day!
5 0
3 years ago
Is a worker's human capital and his or her resulting productivity the ONLY determinants of that person's wage or salary?
stich3 [128]
The correct answer is

<span>No, like all resources, supply and demand also affect how much a worker is paid.


For example, a worker doing the same computer job might be paid more in New York than in other places: this has to do with the fact that the demand and supply (in form of workers ready to work in NY for a certain wage) are different in those two places</span>
3 0
3 years ago
Rider Company is in the process of preparing it closing entries. It first closes its revenue accounts by crediting the Income Su
Ksivusya [100]

Answer:

B. Debit Income summary                  Debit              $ 23,000

   Retained Earnings                           Credit                                $ 23,000

Explanation:

The closing entries are recorded to close the current year's income statement  to the retained earnings account,

According to the data in the question, the revenue is closed to the credit of the income Summary  of $ 68,000 and the expenses are closed to the debit of the Income Summary of $ 45,000. This leaves a credit balance of $ 23,000 in the income summary account which is closed by debiting the income summary account and crediting the retained earnings account.

Since the revenue exceeded the expenses, the result ia  a profir which should increase the retained earnings account, which would be the case by a credit to the retained earnings account.

7 0
3 years ago
the cumulative difference between reporting inventory at lifo rather than fifo is commonly referred to as the
UkoKoshka [18]

The cumulative difference between reporting inventory at LIFO rather than FIFO is commonly referred to as the LIFO reserve

<h3>What is LIFO reserve?</h3>

Generally, LIFO reserve is an accounting term that represents the difference between the cost of inventory calculated using the first-in, first-out (FIFO) method and the cost calculated using the last-in, first-out (LIFO) method for the purposes of bookkeeping.

In conclusion, The LIFO reserve is a term that is widely used to refer to the accumulated discrepancy that results from reporting inventory using the LIFO method rather than the FIFO method.

Read more about LIFO reserve

at brainly.com/question/28146683

#SPJ1

8 0
1 year ago
Zoe runs a flower shop. She recently made some changes so that one employee answers phones and completes the order and payment p
ankoles [38]

Answer: E. Task identity

Explanation:

Task identity is the degree/extent to which an employee execute an entire, recognizable piece of work

4 0
3 years ago
Read 2 more answers
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