1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alenkasestr [34]
3 years ago
9

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.

You might be interested in
A company purchased a new delivery van at a cost of $61,000 on July 1. The delivery van is estimated to have a useful life of 5
faust18 [17]

it's half a year out of 5, so 1/10 of the useful lifetime of the van

$61,000 - $4,900 is $56.1000

one tenth of that will be what we are looking for, so option b. should be just right to fit here

4 0
3 years ago
California last summer was devastated by wildfires that have now created mudslides with the winter rain. This winter highway 1 w
arsen [322]

Answer:

This will create shortage and people will sell milk in black market at higher price.

Explanation:

Wildfires and mudslides have closed the highways. This created greater demand and short supply.  

The equilibrium price increased to $7.  

But the government imposed a price ceiling of $4.  

At this binding price ceiling, the quantity demanded is more than quantity supplied.  

This high demand would cause the suppliers to sell milk in the black market at a higher price.

6 0
3 years ago
Ironwood company had assets of $248,000 and liabilities of $160,000. during 2022, assets increased $28,000 and liabilities incre
Reptile [31]

$340,000. stockholders' equity on December 31, 2022

$280,000 + ($375,000 - $285,000) - $30,000 = $340,000

Total Assets = Penalties + Owner's Equity

<h3>How to Calculate Current Liabilities. </h3>

The equation must counteract because everything the firm owns must be purchased from debt (liabilities) and assets (Owner or stockholders equity). The owner's equity is computed by adding up all of the business assets and removing all of its liabilities.

To calculate current liabilities, you ought to add together all the money you owe lenders within the next year (within 12 months or less). Current liabilities contain current payments on long-term loans (like mortgages) and client deposits.

To learn more about  Current Liabilities visit the link

brainly.com/question/13076734

#SPJ4

4 0
2 years ago
Echher Corporation uses a job-order costing system and applies overhead to jobs using a predetermined overhead rate. During the
LekaFEV [45]

Answer:

$187,200

Explanation:

Given that,

Company's Finished Goods inventory Debited = $218,000

Company's Finished Goods inventory credited = $218,000

Ending balance in the Finished Goods inventory = $13,000

Manufacturing overhead was overapplied by $36,700.

Applied manufacturing overhead = $223,900

Actual manufacturing overhead cost for the year:

= Manufacturing overhead applied - Manufacturing overhead overapplied

= $223,900 - $36,700

= $187,200

3 0
4 years ago
Dan has been directed to study the forces close to a company that affect its ability to serve its customers, such as the company
shutvik [7]

Answer:

Micro environment                                              

Explanation:

The institution's micro-environment comprises of those components that are manageable. Generally the micro-environment doesn't really impact all businesses in a sector in same manner, as the scale, efficiency, competence and approaches are different.

For instance, the suppliers of raw materials are giving big corporations more compromises. We might not offer small businesses the same concessions though. Thus, from the above we can conclude that the correct answer is micro-environment.

5 0
3 years ago
Other questions:
  • What is the earliest and latest patent found on a spork design
    12·1 answer
  • In the process of brainstorms his goals Robert realized his web business was about money than creativity his decission to includ
    7·2 answers
  • In the basic EOQ model, if annual demand is 50, carrying/holding cost is $2, and ordering cost is $15, This will result in a tot
    11·1 answer
  • Weston Corporation just paid a dividend of $1.00 a share (i.e., D0 5 $1.00). The dividend is expected to grow 12% a year for the
    14·1 answer
  • 51. lo.4 pam retires after 28 years of service with her employer. she is 66 years old and has contributed $42,000 to her employe
    6·1 answer
  • Which of the following is an outflow of cash?
    10·1 answer
  • Using the Internet, some firms are now employing software that uses pricing algorithms to constantly adjust their online prices
    6·1 answer
  • What is the relationship between interest rates and aggregate spending?
    15·2 answers
  • Help please I have 4 more
    14·1 answer
  • Describe the three steps in qualitative data analysis and explain how and why these steps are iterative.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!