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3 years ago

How would an increase in the labor force affect the revenues collected by the federal government?

Business

1 answer:

mafiozo [28]3 years ago

3 0

Answer:

See explanation below for answer.

Explanation:

One way in which the federal government makes money is to impose a tax on the salaries and wages earned by workers. This tax is a particular percentage of the salaries and wages of workers, and it is collected by the government to be used for various purposes.

Therefore, if the labour force were to be increased, meaning an increase in the number of workers in the economy, this would lead to more people earning wages and salaries, thereby translating into more tax to be collected by the government.

Hence, an increase in the labour force has a positive effect on government revenue, because it will lead to an increase in revenue collected from taxes.

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Stine Company uses a job order cost system. On May 1, the company has a balance in Work in Process Inventory of $3,920 and two j

Tanya [424]

Answer:

job 429 -WIP 3040 debit

job 430 -WIP 4020 debit

job 431 -WIP 4740 debit

factory overhead 900 debit

raw materials 12,700 credit

--to record materials requisions--

job 429 -WIP 2,300 debit

job 430 -WIP 3,400 debit

job 431 -WIP 7,900 debit

factory overhead 1,310 debit

wages payables 14,910 credit

--to record wages tickets--

job 429 -WIP 1,426 debit

job 430 -WIP 2,046 debit

job 431 -WIP 4,898 debit

factory overhead 8,370 credit

--to record applied overhead--

Explanation:

job 429 -WIP: 2300 x 62% = 1,426

job 430 -WIP: 3400 x 62% = 2,046

job 431 -WIP: 7900 x 62% = 4,898

total overhead: 8,370

7 0

3 years ago

The individual mechanism that deals with workers' psychological reactions to overtaxing job demands is referred to as?

Mekhanik [1.2K]

The individual mechanism that deals with workers psychological reactions to overtaxing job demands is referred to as stress.

Stress is considered as a defensive mechanism, as it follows the three stages of resistance, alarm, and exhaustion. The psychological stress is usually associated with negative life changes.

So here in this case, the individual mechanism, which is dealing with the workers psychological reactions to overtaxing job demands is considered as stress. As the workers are stressed due to the overtaxing job demands.

Hence, the coping mechanisms are the strategies people often use in the face of stress in order to help manage painful or difficult emotions.

To learn more about stress here:

brainly.com/question/9643296

#SPJ4

5 0

2 years ago

Assume that Corn Co. sold 7,500 units of Product A and 2,500 units of Product B during the past year. The unit contribution marg

myrzilka [38]

Answer:

Break-even point (units)= 8,464 units

Explanation:

Giving the following information:

Assume that Corn Co. sold 7,500 units of Product A and 2,500 units of Product B during the past year. The unit contribution margins for Products A and B are $33 and $56, respectively. Corn has fixed costs of $328,000.

First, we need to calculate the proportion of sales:

Product A= 7,500/10,000= 0.75

Product B= 2,500/10,000= 0.25

Now, using the following formula, we can determine the break-even point in units:

Break-even point (units)= Total fixed costs / Weighted average contribution margin

Break-even point (units)= 328,000/ (0.75*33 + 0.25*56)

Break-even point (units)= 328,000/38.75

Break-even point (units)= 8,464 units

8 0

4 years ago

A ____________ is generally priced at a flat rate and allows software to be used on all computers at a specific location.

Elena-2011 [213]

The answer to this question is a site license. A site license is a type of software license where in the user is allowed to install a software to a several number of computers and use the software in a particular / specific site through a network. The software licensing is another term used for site license.

3 0

3 years ago

A worker, who is typical in all respects, works for a wage of $30,000 per year in a perfectly safe occupation. Another typical w

Fantom [35]

Answer:

$6,000,000

Explanation:

Change in risk = 0 in 1,000 to 1 in 1,000 = 0 to 0.001 = +0.001

Change in wage = $30,000 to $36,000 = +$6,000

Therefore:

wage/risk = 6,000/0.001

= $6 million or $6,000,0000

The value of a human life for workers with these characteristics should a cost-benefit analyst use is $6,000,000 because workers are willing to receive an extra $6,000 for a 1 in 1,000 increase in risk of death, implying a value of life of $6 million)Value of human life for workers with these characteristics = $6 million .

In order words the workers require $6,000 to accept a death risk of .001. The value of life implied by this is $6,000/.001 = $6,000,000.

4 0

3 years ago

Read 2 more answers