____ individuals bear a greater burden with this type of tax.A.)High-income
B.)Low-Income

Answers

Answer 1
Answer: The answer is a. High-income.
The higher the income you receive, the more percentage or the higher tax is charged to you and is deducted to your salary. Thus the the high-income individuals bear a greater burden with this kind of tax.
Answer 2
Answer:

Answer:

Regressive, Lower-income

The full question is "With a [direct/progressive/proportional/regressive] tax, the tax rate decreases as income increases. [Lower-income/Higher-income] individuals bear a greater burden with this type of tax.

Explanation:

answer in edmentum


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Why are free market economies able to attain economic growth? firms offer more incentives to encourage households to purchase more goods. everyone is acting in their own self-interest, which motivates market growth. competition encourages innovation, which causes growth. consumers can purchase all the goods they need, which cause firms to produce more?

Answers

Answer:

Competition encourages innovation, which causes growth

Explanation:

The free market is an economic system based on supply and demand with little or no government control. ... Free markets are characterized by a spontaneous and decentralized order of arrangements through which individuals make economic decisions. Being a market with little or no government control limiting them , people are able to think out of the box in order beat their competitors and remain relevant thereby introducing newer brands to the market which at the long run helps to attain economic growth

Market growth It is all about the circular flow diagram. Firms produce more because there are more people willing to buy goods and they are free to do so, not a government to stop them. In addition prices are stable because of competition and there is a lot of variety for the consumer.

The _____ adds up the market prices of final goods and services to calculate Gross Domestic Product (GDP).

Answers

The Expenditure Approach adds up the market prices of final goods and services to calculate Gross Domestic Product (GDP)

The Expenditure Approach includes consumption expenditures, investments expenditures, government expenditures and net exports.

The Expenditure Approach is one of the 3 ways to measure economic production. The other 2 are The Production Approach and The Income Approach.

Answer: its actually product approach.

Explanation:The product approach adds up the final goods and services, using their market prices.  

Do risk reduction methods have costs that are both monetary and nonmonetary?

Answers

Answer: Yes, risk reduction methods often have costs that are both monetary and non-monetary.

In the long run, imports will most likely be paid for with

Answers

In the long run, imports will most likely be paid for with exports

A student has some $1 bills and $5 bills in his wallet. He has a total of 16 bills that are worth $44. How much of each type of bill does he have?

Answers

Answer:

Explanation:

Student has X amount of $1 bills and Y amount of $5 bills. At the same time, it is equal to $44 and 16 in terms of quantity. We can make an equation:

$1*X + $5*Y= $44 AND X+Y=16 ⇒ X=16-Y

16-Y+5Y=44

16+4Y=44

4Y=28

Y=7

X=16-Y=16-7=9

So, 9 bills of $1 and 7 bills of $5

Assigning indirect costs to specific jobs is completed by which of the following?A. applying the costs to manufacturing overheadB. using the predetermined overhead rateC. using the manufacturing costs incurredD. applying the indirect labor to the work in process inventory

Answers

Assigning indirect costs to specific jobs is completed by using the predetermined overhead rate. The answer is B.

Once the predetermined overhead rate is established, it is applied to each job based on the actual amount of the allocation base used by that job. This ensures that indirect costs, such as rent, utilities, and supervision, are allocated to each job in a fair and accurate manner.

By using the predetermined overhead rate, companies can determine the true cost of each job, which is essential for accurate pricing decisions and for determining the profitability of each product or service.

To know more about overhead rate, refer to the link:

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