(b) the government of country x reduces the tax rates for interest earned on household savings. would the national savings decrease, increase, or stay the same? explain.
Answers
When the government of Country X reduces tax rates on interest earned from household savings, it is likely that national savings will increase.
This occurs for several reasons:
1. Incentive to save: Lower tax rates on interest earned create an incentive for households to save more, as they will now retain a higher portion of their earned interest. This results in increased household savings.
2. Increased disposable income: When households pay less tax on their interest earnings, they have more disposable income. This can further motivate them to save, contributing to an increase in national savings.
3. Attractive alternative to consumption: Lower tax rates on interest earned make saving more attractive relative to consumption. As households perceive saving to be more rewarding, they may choose to save more instead of spending their income.
4. Encouraging investment: Increased national savings can stimulate investment, as financial institutions have more funds available to lend to businesses. This can lead to economic growth and further encourage savings.
In conclusion, reducing tax rates on interest earned from household savings is likely to increase national savings, as households have more incentive to save and invest. This increased savings rate can contribute to a healthier economy and support future growth.
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Related Questions
ACTUAL EXPLANATIONS ONLY PLEASE // You project revenue to start at $5,000 for the first month and grow by $200 each month thereafter. You project expenses
to begin at $7,000 per month and grow by $50 per month. In what month will you break even (revenue equal to expenses)?
Answers
Answer:
13.33
Explanation:
We have to write 2 equations to set equal to each other.
The first one will look like this:
200x + 5,000
The x will go with the 200 because the project revenue grows by $200 each month thereafter the start of $5,000.
The second equation will look like this:
50x + 7,000
The project begins at $7,000 and grows by $50 every month so the x will go with the 50.
Now, set them equal to each other
200x + 5,000 = 50x + 7,000
Solve
150x + 5,000 = 7,000
150x = 2,000
x = 13.333
Therefore, in the thirteenth month the project will breakeven.
Hope this helps!!
- Kay :)
Samantha keeps $1,000 in her checking account. A friend has suggested that she move that money into a savings account which pays interest and that she apply for a debit card on that savings account so that she can spend money in her account directly with merchants without having to write a check. What's wrong with this idea
Answers
Answer:
Few banks will issue debit cards for savings accounts since the law limits the use of a debit card with merchants to 6 times per month.
When an increase in demand for stand-up paddleboards rises, then the demand for skilled paddleboard shapers _____, and their marginal revenue product _____.
Answers
When there is a rise in the demand for stand-up paddleboards, there is also a rise in the need for competent paddleboard shapers and a rise in their marginal revenue product.
Demand for paddle board makers or shapers will rise as the demand for paddle boards develops because more paddle board makers are needed to produce more paddle boards. Prices When there is a rise in the demand for stand-up paddleboards, there is also a rise for paddle boards increase as demand for them increases.
A higher paddle board pricing will result in a higher marginal revenue product since the marginal revenue product is calculated by multiplying the paddle board's price by the maker's marginal product.
Marginal Product = Marginal Product * Paddle Board Price.
Due to increased demand, paddle board prices will increase, which will result in an increase in marginal revenue.
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The column headed by a check mark in a checkbook register is provided so you can make a note of your checks that have bounced.
T or F
Answers
which of the following assets would be transferred by applicable intestate succession statutes at an intestate decedent's death? a) assets the decedent gifted prior to death in which she had no retained interest at death b) assets that she owned and had made a payable on death (pod) designation prior to her death c) an asset in which the decedent held a tenancy in common interest at death d) an income interest at death in the assets of an irrevocable trust that she established and funded
Answers
Assets would be transferred by applicable intestate succession statutes at an intestate decedent's death is an asset in which the decedent held a tenancy in common interest at death.
What type of assets are not subject to intestate succession?Assets that are not subject to intestate succession include property that is held in joint tenancy or tenancy by the entirety, life insurance proceeds, most retirement benefits, assets in a trust, and assets that are transferred during the decedent's lifetime to another owner. Additionally, assets that are owned by the decedent in a nonprobate form (such as a payable-on-death account or a transfer-on-death security) are not subject to intestate succession.In most states, the surviving spouse will receive a share of the decedent’s estate, even if the decedent did not have a will. However, there are some assets that are not subject to intestate succession and do not pass to the surviving spouse, including property acquired by the decedent during the marriage that was held as separate property, property that was acquired before marriage, or property that was gifted or inherited by the decedent during marriage. Any property that was owned solely by the decedent at the time of his or her death is not subject to intestate succession and will generally pass to the next of kin as determined by state law.To learn more about asset refer to:
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What kind of business was formed by Ken and Ryan
Answers
Answer:
Ryan Gosling and Ken Kao (The Nice Guys) have formed a new film and TV production company called Arcana and are collaborating on their first project: The Favourite from The Lobster director Yorgos Lanthimos which stars Gosling's La La Land's co-star Emma Stone along with Rachel Weisz and Olivia Colman.
Explanation:
The city of waterville applied for a grant from the state government to build a pedestrian bridge over the river inside the city's park. On may 1, the city was notified that it had been awarded a grant of up to $200,000 for the project. The state will provide reimbursement for allowable expenditures. On may 5, the special revenue fund entered into a short-term loan with the general fund for $200,000 so it could start bridge construction. During the year, the special revenue fund expended $165,000 for allowable bridge construction costs, for which it submitted documentation to the state. Reimbursement was received from the state on december 13.
Answers
Answer and Explanation:
The journal entries are shown below:
For May 1
No Entry Required as eligibility should be completed before recognition.
For May 5
Cash $200,000
To Inter fund Loans Payable-Current $200,000
(Being cash is recorded)
During the year
Expenditure $165,000
To Voucher Payable $165,000
(being expenditure is recorded)
Due from State Government $165,000
To Revenues $165,000
(Being revenue is recorded)
On Dec 13
Cash $165,000
To Due from State Government $165,000
(being cash is recorded)
On Dec 31
Revenues $1165,000
To Expenditure $165,000
(being closing entry is recorded)
And other entries are not added as the balance of $35,000 is not fulfilled the eligibility
the equal employment opportunity commission was established by _________________ .
Answers
The **Equal Employment Opportunity Commission (EEOC)** was established by the **Civil Rights Act of 1964**.
The EEOC is a federal agency in the United States that enforces laws related to workplace discrimination. It was created as part of the Civil Rights Act of 1964, which aimed to prohibit discrimination based on race, color, religion, sex, or national origin in various aspects of employment. The EEOC is responsible for investigating complaints of discrimination, providing guidance to employers and employees, conducting educational programs, and enforcing federal laws that promote equal opportunity in the workplace. Its mission is to ensure that individuals are not subjected to unlawful employment practices and to promote a fair and inclusive work environment for all.
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FedEx Corp. stock ended the previous year at $104.59 per share. It paid a $0.20 per share dividend last year. It ended last year at $107.89. If you owned 310 shares of FedEx, what was your dollar return and percent return? (Round your percent return answer to 2 decimal places.)
Answers
The dollar return is $1,085, and your percent return is 3.35%.
To calculate your dollar return and percent return for owning 310 shares of FedEx Corp. stock, you'll need to consider the change in stock price and the per share dividend paid.
Dollar return:
1. Calculate the difference in stock price: $107.89 (end of year) - $104.59 (beginning of year) = $3.30
2. Multiply the difference by the number of shares: $3.30 * 310 = $1,023
3. Calculate the total dividend: $0.20 (dividend per share) * 310 = $62
4. Add the stock price gain and dividend: $1,023 + $62 = $1,085
Percent return:
1. Calculate the initial investment: $104.59 (beginning stock price) * 310 = $32,423.90
2. Divide the dollar return by the initial investment: $1,085 / $32,423.90 = 0.03345
3. Convert to percentage and round to 2 decimal places: 0.03345 * 100 = 3.35%
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Outline any other THREE qualities of a successful entrepreneur
Answers
Answer:
Robust Work Ethic.
Deep Passion.
Creativity. ...
Motivated Self-Starters. ...
Easygoing Attitude. ...
Eager to Learn.
you can choose any three you want :)
In real estate describe how you would rectify this complaint with the potential buyer. Refer to at least two communication strategies in your answer
Answers
To rectify a complaint with a potential buyer in real estate, it is important to use effective communication strategies. Two such strategies are active listening and empathy.
Firstly, it is important to actively listen to the potential buyer’s complaint. This involves giving them your full attention, avoiding interruptions, and asking clarifying questions to ensure that you fully understand their concerns. By actively listening, you demonstrate that you value their feedback and are committed to addressing their concerns.
Secondly, it is important to show empathy towards the potential buyer. This involves acknowledging their feelings and expressing an understanding of their perspective. By showing empathy, you can build rapport with potential buyers and help them feel heard and understood.
Once you have actively listened to the potential buyer’s complaint and shown empathy towards their concerns, you can work towards finding a solution that addresses their needs. This may involve offering a compromise or taking steps to rectify the issue that led to the complaint. By using effective communication strategies such as active listening and empathy, you can help resolve the complaint and maintain a positive relationship with the potential buyer.
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How many job openings are projected for Community Health Workers across the
United States between 2019-2029?
64,900
7,600
362,600
2,109
Answers
needs refer to a person's relationship with other people
Answers
Answer:
Sure what do you need :)
Explanation:
Define the word investing!
Thanks!
Answers
Answer:
To put money into Bank business property share accept in hope that you will make a profit. To spend money,time or energy on something that you think is good or useful.Explanation:
If you like my answer than please mark me brainliest thanks
Ivie Clarke has decided to launch a numbers game like Sudoku. She estimates her fixed costs to be £5,000. The variable costs are £1.20 per game. She intends to sell the games for £5.00 each. Ivie estimates she will sell 1,400 games a month. 7 (a) What is her total revenue if she sells 1,400 games? (1) (b) What are her total costs if she sells 1,400 games?(1) (c) How much profit does she make if she sells 1,400 games?(1) 8 How many games does she need to sell to cover her total costs?(1) 9 In fact the fixed costs of the business were actually £5,500. How much profit or loss would Ivie make if she sold 1,400 games. (2)
Answers
Her total revenue if she sells the 1,400 games of the numbers game is £7,000.
What is revenue?The average sales price is multiplied by the quantity of units sold to arrive at revenue, which represents the money generated by normal business operations. Net income must be deducted from the top line (or gross sales) figure in order to be calculated. In the salary summary, revenue and sales are synonymous. To determine how effectively a business collects unpaid debt, it is critical to review the cash flow summary. Cash accounting, in comparison, only records purchases as revenue when actual money changes hands. "Receipt" is the term used to describe money provided to a business. For receipts to show, income is not necessary. For instance, there will be a receipt but no income from a customer who pre-paid for a service or goods that were never delivered.
Ivie's total revenue if she sells the 1,400 games is:
Revenue = Price per game x Number of games sold
Revenue = £5.00 x 1,400
Revenue = £7,000
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Some organizations may choose to have job applicants complete an application form created by the firm, instead of just allowing the employee to write his own. Give ONE (1) key reason why
the firm may prefer to have an application form completed.
Answers
Answer:
see below
Explanation:
Job applicants complete an application form created by the employer to gather relevant information from potential employees. One reason employers prefer Job application forms is to gather comprehensive and consistent data from all applicants. This facilitates a fair analysis of applicants' backgrounds.
Application letters and resumes may not have uniform data. The employer designs the application form to ensure they get all the data they require from all applicants. Again, resume's do not include important information such as names and contacts of immediate and past supervisors.
Ahmad recently was a victim of identity theft when someone opened multiple accounts in his name and bought numerous expensive items. what is one effect that he is most likely to have experienced due to this fraudulent act?
a. his credit score was raised higher than ever.
b. he had access to more credit cards.
c. he enjoyed getting to learn more about credit.
d. he lost out on job opportunities.
Answers
Answer:
D. he lost out on job opportunities.
Explanation:
Answer: d he lost job opportunities
Explanation:
Hey, can I please get some help? Thank you!
Answers
2.When interest rates are rising, both businesses and consumers will cut back on spending. This will cause earnings to fall and stock prices to drop. ... As interest rates move up, the cost of borrowing becomes more expensive. This means that demand for lower-yield bonds will drop, causing their price to drop.
Disadvantages of choosing a job that is extremely popular or in demand
Answers
The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.
What is a high demand job?This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.
The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.
The number of qualified persons may become more than the job that is available for the people to do in the long run.
Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.
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Does the Federal Reserve pay taxes?
Answers
Answer:
Federal Reserve banks are exempt from paying taxes at the federal, state and local levels, except on real estate holdings. This is because of rules on taxation set forth in Section 7(c) of the Federal Reserve Act.
Explanation:
Question 2(Multiple Choice Worth 5 points)
(02.06 MC)
In general, what kind of people earn the most money?
O People with skills that are in high demand and high in supply
O People with skills that are in high demand but low in supply
O People with skills that are in low demand and low in supply
People with skills that are in low demand but high in supply
Answers
They earn the most money since skills also follow the law of supply and demand, so consumers are willing to pay more due to low supply
A business plan is a document describing the start-up costs and operating expenses of a new business. Please select the best answer from the choices provided T F.
Answers
Answer:
Yes
Explanation:
yes because if you want to start up a business you will have to plan how much money that will be used to run the business
You should ignore net cost calculations provided by a life insurance agent when evaluating the cost of a life insurance policy.
True or False
Answers
False because you should not ignore net cost calculations provided by a life insurance agent when evaluating the cost of a life insurance policy.
Life insurance is a type of coverage that provides a monetary payout to a designated beneficiary upon the death of the policyholder. It's a contract between an insurer and a policyholder in which the insurer guarantees payment of a death benefit to named beneficiaries when the policyholder dies.
When evaluating the cost of a life insurance policy, one should not ignore net cost calculations provided by a life insurance agent. It is a critical factor in deciding whether a life insurance policy is appropriate for you and how much coverage you can afford.
Net cost calculations provided by a life insurance agent can assist you in determining the total cost of a life insurance policy over time. It includes all of the costs and fees associated with the policy, including premiums, fees, and expenses. If you evaluate the net cost of different life insurance policies, you will be able to compare the total cost of each policy, allowing you to make an informed decision on which life insurance policy to select.
Therefore, you should not ignore net cost calculations provided by a life insurance agent when evaluating the cost of a life insurance policy.
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When a strong unity of command is present, employes are assigned to more than one manager.
True
False
Answers
Answer:
The correct option is;
False
Explanation:
Unity of command is the organizational arrangement, whereby all employee assigned to a particular department answer to their line manager, and vice, versa, the line manager directs the activities of all employees within his department to perform the tasks of the organizational engagement or projects for which the department is in responsible.
Which of the following countries did not trade with the Phoenicians?
O Babylonia
Japan
O Egypt
Greece
Answers
Japan
The role that prices play in directing resources away from overcrowded markets and towards markets that are underserved is known as the ______ function of price.
Answers
The function that fees play in directing sources away from overcrowded markets and toward markets that can be underserved is referred to as the Allocative feature of price.
The allocative feature in budgeting determines on what government sales could be spent. because a high share of national earnings is now committed to public expenditure, allocation decisions come to be extra widespread in political and monetary phrases.
Allocational or allocative, efficiency is an asset of a green market whereby all items and offerings are optimally distributed amongst shoppers in a financial system. It takes place whilst events are able to use the accurate and with no trouble available statistics meditated inside the marketplace to make selections about how to make use of their sources.
An important feature of the monetary market is referred to as the 'allocative function. A monetary market acts as a hyperlink between the savers and the traders. It offers a platform for the mobilization of savings from households to traders. for this reason, it allocates funds from households to traders.
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_____ occurs when consumers change information that conflicts with their feelings or beliefs.
Answers
Cognitive dissonance occurs when consumers change conflicting information with their feelings or beliefs.
Cognitive dissonance refers to the psychological discomfort experienced by individuals when they encounter information that contradicts their existing beliefs or attitudes. To reduce this discomfort, consumers may engage in various strategies, including changing or distorting the conflicting information, altering their beliefs or attitudes, or seeking out additional information that supports their existing beliefs.
This process allows individuals to maintain internal consistency and coherence in their cognitions and align their beliefs with their feelings. Cognitive dissonance plays a significant role in consumer behavior and decision-making, as it influences how individuals process and respond to information that challenges their preexisting notions.
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prime factorization of 1624
Answers
Answer:
1624 = 2, 4, 8, 7, 56, 29, 1624 divided by 2, 2, 2, 7, 29
Explanation:
start by dividing the number by the first prime number which is 2.and continue dividing. only can divide by prime numbers since it's prime factorization.
Under which provisions of the Constitution can the Commonwealth
pass laws with respect to taxation? a. Section 52(iii) b. Section
51(i) c. Section 51(ii) d. Section 52(ii
Answers
The Commonwealth can pass laws with respect to taxation under Section 51(ii) and Section 52(iii) of the Constitution.
Australia's Constitution outlines how the government operates and the powers it has to make laws. The Australian Constitution is divided into sections, and each section specifies a different power that the government can exercise. Section 51 and 52 of the Australian Constitution are the provisions that allow the Commonwealth to pass laws with respect to taxation. The following provisions of the Constitution allow the Commonwealth to pass laws with respect to taxation:
Section 51(ii): This section states that the Commonwealth has the power to make laws regarding taxation. This includes levying taxes, customs, and excise duties.
Section 52(iii): This section allows the Commonwealth to collect any taxes that were imposed by the state before Federation.
The Commonwealth has the power to pass laws with respect to taxation under Section 51(ii) and Section 52(iii) of the Constitution. Therefore, the correct option is b. Section 51(i).
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Discussion 1
In Lesson 1 and Lesson 2, you learned that price elasticities of
demand and supply are important for understanding the response of
consumers and producers to changing demand and supply co
Answers
Lesson 1 and Lesson 2 indeed emphasized the significance of price elasticities of demand and supply in analyzing the reactions of consumers and producers to fluctuations in demand and supply conditions.
Price elasticity of demand measures the responsiveness of the quantity demanded to changes in the price of a product. It indicates how sensitive consumers are to price changes. If demand is elastic, a small change in price will result in a relatively large change in quantity demanded. On the other hand, if demand is inelastic, quantity demanded will change minimally in response to price variations.
Understanding the price elasticity of demand helps businesses determine the potential impact of price changes on their sales revenue. For example, if demand is elastic, a price decrease may lead to a substantial increase in quantity demanded, thereby boosting total revenue. Conversely, a price increase in elastic demand may result in a significant decline in quantity demanded and lower revenue.
Price elasticity of supply, on the other hand, measures the responsiveness of the quantity supplied to changes in the price of a product. It indicates how sensitive producers are to price changes. If supply is elastic, a small change in price will cause a relatively large change in quantity supplied. In the case of inelastic supply, quantity supplied will change minimally in response to price fluctuations.
Understanding the price elasticity of supply helps businesses assess their ability to respond to changes in demand. If supply is elastic, producers can increase output significantly when prices rise, which helps stabilize prices. In contrast, if supply is inelastic, producers may struggle to increase output, resulting in price spikes during periods of increased demand.
Overall, price elasticities of demand and supply provide crucial insights into the dynamics of markets and help businesses make informed decisions about pricing, production levels, and market strategies.
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