Answer to 9th question;
Sociale security tax is regressive as the higher amount of tax paid by the lower income group people than the higher income group people.
10th question;
C"fluctuates too much to be accurate"
even if it is comprising 68% of GDP it is Directly related to the business cycles as basically business cycle/economic cycle/trade cycle are measured with rising and falling of real GDP of an economy.
11th answer;
3rd option is correct answer
Spending in recession will get more imports and Leeds to growth., by way of in recession period spending decreases, it will effects directly on imports,
That is the reason is we spend more amount of money it will causes increasing in imports and finally leads to the economy growth.
12th answer;
Metal objects only used as earliest form of money that is coin by Lydians.
thank you guys The Social Security Tax is Progressive Regressive Flat Flat to a limit, then...
(2.5 points) The following table indicates the Federal Personal Income Tax Rates in 1989. Income Marginal Tax Rate Taxes Paid $0 0% $1 -- $29,750 15% $29,751 -- $71,900 28% $71,901--$149,250 33% Over $149,250 28% (.5 points) Would you characterize this tax schedule as proportional, progressive, or regressive? Explain why. (.5 points) Suppose a person earns $135,000 in 1989. Show in the table the taxes this person would pay in each income category. (.5 points) Calculate the tax rate that...
QUESTION 1 Which of the following is an example of an automatic fiscal policy stabilizer? a. Tax revenues fall as real GDP decreases. b. Congress decides to cut spending on national defense. c. Congress cuts individual income tax rates. d. Tax revenues rise after Congress raises corporate tax rates. QUESTION 7 When a country's economy is producing at a level that is less than its potential GDP, the standardized employment deficit will show a ________ than the actual deficit. a....
$30,000 QUESTION 3 Imagine you live in a society with progressive taxation. Your friend makes half of your salary and pays 20 percent in income taxes. Which rate most likely would be your income tax rate? (5 points) 2 percent 10 percent 20 percent 40 percent QUESTION 4 02_08_g4_q1.png Look at the bar graph. What kind of tax is depicted here? (5 points) Flat Proportional Progressive Regressive QUESTION 5 Which of these is an example of indirect tax? (5 points)...
I need an answer to all the questions. Just the answer. thank you QUESTION 40 2 points Save Answer Bank supervision consists mostly of a. setting minimum reserve requirements, ensuring bank net worth remains positive, and setting restrictions on investments. o b. setting maximum reserve requirements, net worth requirements and investment levels. OC adjusting reserve requirements, setting bank liability requirements, and monitoring risky investments. d. setting maximum reserve requirements, setting bank capital requirements, and setting restrictions on types of loans...
The Gini coefficient for the United States in 1980 was 0.403. In 2009, the coefficient was equal to 0.468. This means that Question 5 options: A) there was a decrease in the amount of government transfer payments from 1980 to 2009. B) cuts in federal income tax rates in the early 1980s and 2001 helped to reduce income inequality. C) per capita income in the U.S. rose from 1980 to 2009. D) income inequality increased from 1980 to 2009. Question...
1). The retirement benefit of the Social Security program is considered a progressive benefit with a regressive financing scheme. (1) How is the Social Security benefit progressive? (2) How is its financing scheme regressive? 2). One of the main goals of the ACA (Patient Protection and Affordable Care Act of 2010, aka Obamacare) was to provide affordable health care to the uninsured. 1. What were the THREE primary pieces of the law that were meant to provide coverage for everyone...
Use the marginal income tax rates shown here to calculate the average tax rate on an income of $100,000. Taxable Income Tax rate $0–$8,700 10% $8,700–$35,350 15% $35,350–$85,650 25% $85,650–$178,650 28% $178,650–$388,350 33% Over $388,350 35% Average tax rate on $100,000 of income is ____________. 21.46% 24.27% 28.00% 10.5 points QUESTION 2 Use the marginal income tax rates shown here to calculate the average tax rate on an income of $200,000. Taxable Income Tax rate $0–$8,700 10% $8,700–$35,350 15%...
QI:1-3 (book/static) Question Help Congressman Patrick indicates that he is opposed to tax proposals that call for a flat tax rate because the structure would not tax those individuals who have the ability to pay the tax. Discuss the position of the congressman, giving consideration to tax rate structures (e.g. progressive, proportional, and regressive) and the concept of equity tax structure, the same tax rate applies Under a tax rate structure, the tax rate increases as the taxpayer's income increases....
1. When it comes to financial matters, the views of Aristotle can be stated as: a. usury is nature’s way of helping each other. b. the fact that money is barren makes it the ideal medium of exchange. c. charging interest is immoral because money is not productive. d. when you lend money, it grows more money. e. interest is too high if it can’t be paid back. 2. Since 2008, when the monetary base was about $800 billion,...
Hi, i just need the highlighted ones. Thank you! CHAPTER 1 Understanding Personal Finance 33 LET'S TALK ABOUT IT 1. Economic Growth. What tpes of federal government Federal Reserve. Describe some economic circumstances that might persuade the Federal Reserve to lower short-term inter- ctfoets to help stimulate economic growth affect 2 The Business Cycle. Where is the United States in the economic cycle now, and where does it seem to be heading? List some indicators that suggest in which direction...