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igomit [66]
2 years ago
14

The Laffer curve shows that Group of answer choices at some specific tax rate, tax revenue is maximized. tax revenue is constant

overall tax rates. tax revenue decreases as tax rates increase. tax revenue is maximized at multiple tax rates. tax revenue increases as tax rates increase.
Business
1 answer:
mamaluj [8]2 years ago
6 0

The Laffer curve shows that at some specific tax rate, tax revenue is maximized.

The Laffer Curve theory was developed by  Arthur Laffer in 1974. The curve shows the relationship between tax rates and tax revenue.  According to this theory, higher income tax rate diminishes the desire of labour to work and invest. This is because higher income increases the amount of tax to be paid. This means that at some point, increase in the tax rate would decrease government revenue rather than increase it.

The theory submits that there is an optimal tax rate at which tax income is maximised. Once this point is exceeded, increase in tax rate would reduce the revenue earned by the government.

A similar question was answered here: brainly.com/question/15090055

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We sign two new customers out of every seven people with whom we speak. Our goal is to sign 120 new customers. How many people w
Mila [183]
420 is what I got. if you do two divided by 120 it gives you 60 then 60 times 7 is 420.
6 0
3 years ago
On January 1, Year 1, Boyd Corporation accepts a $10,000 three-month, nine percent promissory note from one of its customers. To
mihalych1998 [28]

Answer:

The borrower records its receipt of cash and new liability with this entry

Jan 1             Notes Receivable   $10,000 Dr.

                             Sales / Accounts Receivable         $10,000 Cr.

Received Note of 3 months with  9% interest

The entry would  credit to Sales if it is received against sales or credit to account receivable isf it is received against accounts receivable for a further time period as the case may be.

6 0
3 years ago
Amsted, Inc. is considering a project that will increase revenues by $2.5 million, cash operating expenses by $700,000, and depr
sergij07 [2.7K]

Answer:

incremental after tax cash flow for 2011: $1,145,000

Explanation:

Additional revenue                                                 $2,500,000

Cash operating expenses                                       ($700,000)

Depreciation and amortization expenses               ($300,000)

<u>Reduced inventories                                               ($200,000)</u>

Pretax income                                                         $1,300,000

<u>Less taxes 35%                                                        ($455,000)</u>

Net income                                                                $845,000

<u>Add Depreciation and amort. expenses                  $300,000</u>

Free cash flow                                                           $1,145,000

5 0
4 years ago
What do law enforcement public safety corrections and security agencies usually provide to help their employees manage stress Pl
Furkat [3]

Answer:

The following have been discovered to be of help in reducing stress for law enforcement and public safety officials such as the Police and Military.

  • Attaining and maintaining work-life balance
  • deliberately taking out time for leisure activities
  • Keeping a very positive mindset always
  • setting and pursuing after goals and avoiding procrastination
  • Planning their daily work for enhanced effectiveness

Explanation:

Stress amongst law enforcement officials and public safety officials has become very crucial due to the following reasons:

1. It's easy for stress to go on for a prolonged period of time in the lives of these officials because of the nature of their work.

2. They are always in the face of danger and have to take life-or-death decisions/risks very often.

3. Relative inconclusive nature of their work

4. Frequent changes in shifts

5. Financial challenges and

6. In some cases health challenges of the officers in question or loved ones.

Stress amongst Law enforcement officials are very difficult to track because as they are trained to be and look tough...hence a the thinking is that a demonstration of weakness or admission of challenges could be interpreted as incompetence or inability to continue on the job.

Cheers!

4 0
3 years ago
Lynn files a suit against karl. karl denies lynn's charges and sets forth his own claim that lynn breached their contract and ow
murzikaleks [220]
<span>Lynn files a suit against karl. karl denies lynn's charges and sets forth his own claim that lynn breached their contract and owes karl money for the breach, this is also known as a third party claim.</span>
8 0
3 years ago
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