A single tax rate applied to an entire base is known as a(n) tax. When the base is divided into a series of monetary amounts, or brackets, and each bracket is taxed at a different rate, this system is known as a <u>Graduated Income Tax .</u>
Explanation:
- In a <u>graduated income tax </u>,the tax rates varies as the income changes.The opposite of gradual income tax is <u>Flat tax</u> (where all the incomes are taxed under the same rate).
- In United State the federal Government uses <u>Progressive Graduated Income tax,in which the tax rate increase as the taxable amount increases</u>
Answer:
True
Explanation:
There is always a conflict of interest between Management and Shareholders. The Managers Interest if to increase their remunerations and Shareholders interest is to have maximum return from the business. An increase in remuneration will result in the reduction of shareholder's return in the form of expense. In this cash the business is going to expand internationally which will create new opportunities for the business. The Increase in in compensations of manager will result in increase in return as well. The manager will try to target the potential market and make the expansion succesful to be compensated more. So, goal is consistent with the goals of shareholders.
Based on the descriptions of the economy, the type of economy that country b has is a developed economy.
<h3>What is a developed economy?</h3>
A developed economy is an economy characterised by high GDP, high rate of GDP per capita, high level of technological advancement and favorable laws that encourages the development of businesses.
Examples of developed economies are United States, Switzerland.
To learn more about developed economies, please check: brainly.com/question/19496739
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Answer:
In the short run, these workers are VARIABLE inputs, and the ovens are FIXED inputs.
Explanation:
Workers are variable inputs since Raphael can decide to change the number of employees hired every week or every certain period of time. On the other hand, the number of ovens cannot change immediately since Rapheal would need to move to some other place in order to increase the number of ovens.
Answer:
U.S. dollar falls.
Explanation:
Comparative advantage is defined as the ability of a nation to produce a good or service at lower cost than other countries that also produce the good. This is the basis of international trade because countries tend to specialise in producing the products in which they have comparative advantage, while importing those in which they do not have comparative advantage.
If the United States has lost comparative advantage in an industry. To regain it if the US dollar loses value, the wages in the United States will be lower than those in other countries. The relatively lower wage will help the United States regain competitive advantage.