Answer: False
EXPLAINATION: Vertical equity is a method of collecting income tax in which the taxes paid increase with the amount of earned income. In Progressive Taxation system , taxes paid used to increase with increase in income .Hence in regressive system vertical equity can not be achieved.
Answer: True
EXPLAINATION: When initially
1$= 115 ¥
1.Suppose a pen cost is 1¥, then if a person having $1 then she'll be able to purchase 115 number of pens.
2 Later when $1= 112 ¥ , means that person now can purchase only 112 pens for that same $1.
Hence clearly dollar has depreciated while yen appreciated.
It is possible to achieve vertical equity with regressive tax system. True False Question 26 (2.5...
Correct me if I am wrong but I believe:
1. T
2. D
3. Sweden?? (or Ireland???)
4. C??
True or False _ 1. From a U.S. buyer's and seller's perspective, appreciation of the foreign currency will generate foreign exchange gains on receivables created from its export sale of goods to foreign buyers and foreign exchange losses on payables created from its import purchase of goods from foreign sellers. Multiple Choice 2. U.S. based General Motors has a Japanese yen...
true-false questions
my nova - Yahoo Search Results MCC Single Sign a l Statements: (1) The purpose of economic analysis is to assess the overall outlook of the economy and the impact of economic changes on the firm. (2) The international environment includes all the uncontrollable forces originating outside the home country that surround and influence the firm. (3) International economic analyses should provide economic data on both actual and prospective markets. (4) A common basis for assessing economic development...
Volkswagen's Hedging Strategy
1. Why did Volkswagen suffer a 95% drop in its 4th
quarter, 2003 profits?
2. Do you think the Volkswagen’s decision to hedge only 30% of
its anticipated U.S. sales was a good? Why or why not?
3. Do you think the Volkswagen’s decision to revert back to
hedging 70% of its foreign currency exposure was a good decision?
Why or why not?
Embraer and the Wild Ride of the Brazilian
Real
4. Is a decline in...
1. Why do you think that the Chinese historically pegged the value of the yuan to the U.S. dollar? 2. Why did the Chinese move to a managed-float system in 2005? 3. What are the benefits that China might gain by allowing the yuan to float freely against other major currencies such as the U.S. dollar and the euro? What are the risks? What do you think they should do? 4. Is there any evidence that the Chinese kept the...
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,...