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babymother [125]
3 years ago
11

Every year, the U.S. Census Bureau conducts an income survey of about 60,000 American families that are carefully selected to re

present the whole population. The data collected are used to measure income inequality. Which of the following is a reason that census data may provide an inaccurate measure of income inequality? Very few people move from one income quintile to another over the years. Higher-income families tend to have more people to support. In-kind transfers do not improve standards of living but are counted as income.
Business
1 answer:
natka813 [3]3 years ago
6 0

Answer:Higher income families tend to have more people to support.

Explanation:

Income inequality refers to the differences in income among the populace.

The fact that a family has an high income does not suffice that all the income will be available for his consumption for he may have to give out the less privilege and this will not be captured by the census.

The fact that few move from one to another level of income to another will not disrupt census figure and this hold equally hold for in kind transfer they cannot disrupt census figure and can improve living standard.

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The making and delivery of the product.

Explanation:

Because in a factory it manufactures the product that they are making and send them to stores to sell the products for money.

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3 years ago
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Pedro sells investment land on September 1, 2019. Information pertaining to the sale follows: Adjusted basis $25,000 Selling pri
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The tax consequence in 2019 is $10584 while the tax consequence from 2020 to 2023 will be $13229.

Bases on the information given, the realized gain will be:

= $90000 - $25000 - $1500

= $63500

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= 63500/(90000 - 18000) × 100

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= 88.19%

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The tax consequence in 2020 will be:

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The tax consequence in 2021 will be:

= $15000 × 88.19% = $13229

The tax consequence in 2022 will be:

= $15000 × 88.19% = $13229

The tax consequence in 2023 will be:

= $15000 × 88.19% = $13229

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8 0
2 years ago
Breadmakers, inc. produces and supplies fresh sandwich breads to various sandwich businesses. breadmakers has recently decided t
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3 years ago
The auditor of a public company is assessing the value of all the intangible assets owned by the company. Which of the following
liq [111]

Answer:

B. The company's brand equity

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Intangible assets lack a physical presence. They are assets that cannot be touched or seen. Intangible assets are contrasted by tangible assets, which include land, buildings, vehicles, plants, and machinery.  Examples of intangible assets include patent brand names, trademarks, or and copyright.

Intangible assets have a use-life of more than one year. They can be created or acquired, just like tangible assets. From the list in the case, The company's cash reserves, company's plant and equipment, and company headquarters are tangible assets because they have a physical presence.

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3 years ago
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