Analyzing Current Fiscal Policy Fiscal policy
is the government’s use of government spending and taxes to influence the economy. For this task, you will choose one tool of fiscal policy—either government spending or taxes—and complete the activities below.
Part A Which tool did you choose?
Part B Do you think this tool should be increased or decreased to help the economy?
Part C Using an Internet search engine, find a website or an article that shares your opinion and copy the URL in the space below. Keep in mind that it might take you some time to find a good article, so don’t automatically take the first one you find.
Part D List three main points from the source you found that explain the author’s reasoning.
Part E Based on what you have read, what bias might the author bring to his or her opinion?
Part F Using an Internet search engine, find a website or an article that expresses the opposite to your opinion and copy the URL in the space below. Keep in mind that it might take you some time to find a good article, so don’t automatically take the first one you find.
Part G List three main points from the source you found that explain the author’s reasoning.
Part H Based on what you have read, what bias might the author bring to his or her opinion?

Answers

Answer 1

Through the collection of data by exploratory research, we found the following answers on the analysis of the current fiscal policy:

A. The chosen tool of fiscal policy was taxes.

B. To help the economy, taxes must be reduced, encouraging industrial activity in the country.

C. The chosen opinion piece was "How the U.S. Government Amassed $31 Trillion in Debt" written by Jim Tankersley and available on the NY Times website.

D. The three central points that explain the author's reasoning are the US debt, the tax cut and the economic crisis.

E. The bias that the author can bring to his opinion are the economic projections made by economists, which may not actually characterize reality.

F. You should look for an article with an opinion contrary to this one by searching for articles in which the authors have a more political and partisan view on the guilt of the American debt.

G. To list the three main points of the author's contrary reasoning, you must follow what was done in letter D, and find the main key points of the article.

H. The author's biases therefore may be based on his own political opinion and for or against a political party.

What is fiscal policy?

It is the taking of government decisions capable of controlling the economy directly or indirectly, through government spending and taxes.

Therefore, fiscal policy is capable of influencing a country's supply and demand, and such decisions are capable of generating jobs, investment such as debt and recessions.

Find out more about fiscal policy on:

https://brainly.com/question/6583917

#SPJ1


Related Questions

The maximum outstanding balance allowed to a customer by a vendor is called: _________

Answers

The maximum outstanding balance allowed to a customer by a vendor is called a credit limit.

A credit limit is the maximum amount of credit a financial institution or vendor will extend to a customer for a line of credit, loan, or credit card. The credit limit is set based on the customer's credit history, income, and other factors that indicate the customer's ability to repay the debt.

Having a credit limit is important because it helps customers manage their debt and avoid overspending. Customers should regularly monitor their credit utilization, which is the ratio of their outstanding balance to their credit limit, to ensure they are staying within their credit limit.

It's also important for customers to pay attention to their credit limit because exceeding the limit can result in additional fees and negatively impact their credit score.

For more questions like Balance click the link below:

https://brainly.com/question/22473512

#SPJ4

What are the main reasons that lenders charge interest on loans?.

Answers

The main rea-sons that lenders charge inte-rest on loans is that interest prot-ects against fut-ure rises in inflation. Interest pro-vides the profit incentive to lend mo-ney (supply credit.) It inc-ludes compen-sation for inflation, de-fault risk and opportunity cost.

The interest rate is the amou-nt a lender charges a bor-rower and is a percent-age of the principal—the amount loane-d. The inte-rest rate on a loan is typi-cally noted on an annual basis kno-wn as the annual percent-age rate (APR). Lenders con-sider your credit score, pay-ment history and the current econ-omic conditions when deter-mining interest rates. Generally speak-ing, the high-er your credit score, the less you can ex-pect to pay in inter-est.

To know more about interest click below:

brainly.com/question/12536536

#SPJ4

the texas state board of education has minimal control over the way that controversial issues are taught in texas public schools. True or False

Answers

The statement "the texas state board of education has minimal control over the way that controversial issues are taught in texas public schools." is true. The Texas State Board of Education (SBOE) has minimal control over the way that controversial issues are taught in Texas public schools.

The SBOE sets curriculum standards and guidelines for Texas public schools, but individual schools and districts have significant autonomy in determining how to teach certain subjects, including controversial issues. The SBOE does not dictate the specific curriculum or materials that should be used in the classroom, that is the responsibility of the local school district.

Additionally, the Texas State Board of Education has a reputation of having a strong influence on the curriculum choices, with a conservative majority that can influence the way controversial issues are taught, such as science and social studies, but it does not have the power to dictate the specific lesson plan or methodology used in the classroom.

Learn more about SBOE: https://brainly.com/question/14331935

#SPJ4

Identify strategies to manage customer experience during peaks in demand.
Describe the use of technology in customer relationship management.
Demonstrate a customer service mindset.
Determine ways of reinforcing the company’s image through employee performance.
Outline steps to remedy specific problems.

Answers

Managing customer experience during peaks in demand:

Prioritize customer needs through effective communication channels.Train staff to handle high-volume customer interactions efficiently and effectively.Implement self-service options like chatbots and FAQs to reduce wait times.Regularly monitor and analyze customer feedback to identify areas for improvement.

Use of technology in customer relationship management:

Utilize customer relationship management (CRM) software to manage interactions and track customer data.Implement automation tools to streamline repetitive processes and improve response times.Use data analytics to gain insights into customer behavior and preferences.Leverage social media and online communities to engage customers and build brand loyalty.

Demonstrating a customer service mindset:

Empower staff to make decisions that benefit the customer.Encourage a culture of empathy and active listening.Provide training and support for staff to handle difficult customer interactions effectively.Hold staff accountable for delivering high-quality customer service.

Reinforcing the company’s image through employee performance:

Define clear expectations for employee behavior and customer service standards.Provide opportunities for employees to grow and develop their customer service skills.Regularly recognize and reward employees who provide exceptional customer service.Ensure consistency in the customer experience by standardizing processes and procedures.

Remedying specific problems:

Listen actively to understand the customer’s issue.Apologize and take responsibility for the problem.Provide a solution that meets the customer's needs and resolves the issue.Follow up with the customer to ensure the problem has been resolved to their satisfaction.

Customer relationship management is a method used by a company to keep and maintain harmonious interaction with its current clients and build a better impression toward its future customers.

Learn more about customer relationship management here:

https://brainly.ph/question/2570073

#SPJ1

Why are realistic goals important?.

Answers

Answer:

Life is life , I hope this explains why

Explanation:

Realistic is so important, while it is okay to want really bad you also have to pay close attention to what you need to do to achieve that.

Let's say for whatever reason you want to buy a boat.

First, you need to look at the boating laws and license requirements by state

Secondly, you need to uphold and meet the requirements

Thirdly, you must find a boat, that will suit you and actually work correctly

Fourthly, you must learn or already have knowledge of how to work/operate said boat

You need to learn or already have knowledge of how to swim, how to perform CPR in case of emergency

how to respond to emergency radio signals and or SOS/ morse code

If you do not want to or think you can do any things, then you do not need a boat, even if you really want

The tower upporting the cable are 600 feet apart and 80 feet high. If the cable touch the road urface midway between the tower, what i the height of the cable from the road at a point 150 feet from the center of the bridge?

Answers

At a location 150 feet from the bridge's center, the cable's height from the road is 80 feet.

Because the wire crosses the road halfway between two towers

In this case, the origin is assumed to be the vertex at that midpoint.

the maximum height on either side is now specified as

Y = 80 feet

The tower's horizontal distance from the midpoint is reported as

X = 600/2 =300 feet

Now, using the parabola equation, we obtain

Y = k [tex]X^2[/tex]

substitute the value in above equation we get,

80 = k [tex](300)^2[/tex]

k = [tex]8.889\times10^{-4}[/tex]

now that we

Y =  [tex]8.889\times10^{-4}[/tex][tex]X^2[/tex]

We now need to get the height at 150 feet from the center.

Hence, we have

Y =  [tex]8.889\times10^{-4}[/tex][tex]300^2[/tex]

Y = 80 feet

For such more question on height.

https://brainly.com/question/1739912

#SPJ4

Which of the economic system has been the most successful in the world till now?

Answers

Answer:

Explanation:

capitalism, also called free market economy or free enterprise economy, economic system, dominant in the Western world since the breakup of feudalism, in which most means of production are privately owned and production is guided and income distributed largely through the operation of markets.

Answer:

Which of the economic system has been the most successful in the world till now?

Capitalism

What is the role of the executive branch of the federal government quizlet?.

Answers

The executive branch carries out and enforces laws. It includes the president, vice president, other boards etc

Andrew jut purchaed the lat glob beat action figure to complete hi collection. Each action figure cot 16. 25 in all Andrew collection cot 227. 50 how many action figure are in andrew collection

Answers

Andrew just purchased the last glob best action figures to complete his collection. Each action figure cost 16. 25 in all Andrew collections cost 227. 50. So,  Andrew has 14 action figures in his collection.

What do you mean by action figures?

Action figures are miniature plastic or vinyl figurines of characters from movies, comic books, video games, television shows, and other popular media. They are typically poseable and often include accessories such as weapons and clothing. Action figures are typically marketed towards children, though adult collectors are also common. Action figures are usually articulated, meaning that the limbs can be moved, allowing for a variety of poses. Some action figures are highly detailed and feature realistic facial expressions and hair. Action figures can be used as collectibles, toys, or decorations.

So, The required answer is 14.

To learn more about action figures:

https://brainly.com/question/29772105

#SPJ4

In order to purchase a home, a family borrows $159,000 at 6. 5% for 30 years. Use the table to find their monthly payment. Round the answer to the nearest cent. A 5-column table with 4 rows titled monthly payments per 1000 dollars of mortgage. Column 1 is labeled interest rate (percent) with entries 5, 5. 5, 6, 2006. 5. Column 2 is labeled 10 years with entries 10. 61, 10. 86, 11. 11, 11. 36. Column 3 is labeled 20 years with entries 6. 60, 6. 88, 7. 17, 7. 46. Column 4 is labeled 30 years with entries 5. 37, 5. 68, 6. 00, 6. 33. Column 5 is labeled 40 years with entries 4. 83, 5. 16, 5. 51, 5. 86. A. $954. 00 c. $1,186. 14 b. $1,006. 47 d. $1,276. 36.

Answers

Using the table we know that the monthly payment would be (B) $1,006.

What do we mean by payment?

Payment is made when one party (such as a person or business) voluntarily offers money, its equivalent, or other valuables to another in exchange for services rendered, items received, or the satisfaction of a legal obligation.

The payee is the party receiving the money, whereas the payer is typically referred to as the party making the payment.

So, the monthly payment would be:

The aforementioned number displays the interest and monthly payments for a mortgage of $1,000.

Therefore, the interest rate is 6.33 dollars per month for 30 years.

Now that it has been established that you will borrow $159,000, all we have to do is multiply 6.33 by 159 to get the answer, which comes out to $1006.47.

So, choice B would be the appropriate response.

Therefore, using the table we know that the monthly payment would be (B) $1,006.

Know more about payment here:

https://brainly.com/question/25898631

#SPJ4

What is one of the arguments in favor of gap?.

Answers

One argument in favor of income inequality and wealth gap is that it forces people to be more innovative and bring in new methods of doing jobs.

Being able to earn more than others motivates people to put in more effort, innovate, and strive to generate more and better things. Without stronger rewards for productive work, there will be far less wealth, innovation, and productivity.

The latter lose motivation to be productive if those who do not work or do not work hard receive the same or equivalent rewards as those who do work hard, research, and devote a lot of time and money to produce.

Everyone will end up working far less and being less motivated to develop as a result. An example of such a situation can bee seen in the former Soviet Union and is presently causing the economies of communist nations like North Korea, Cuba, and Venezuela to stagnate.

To know more about wealth gap, click here:

https://brainly.com/question/2987205

#SPJ4

a point inside the production possibilities frontier is

Answers

A point inside the production possibilities frontier is feasible, but not efficient.

Producing a good or service within the boundaries of the production possibilities frontier is possible, but not necessarily the most effective way to allocate resources.

That's because, while feasible, a point inside the frontier does not represent the most efficient use of resources.

To reach the most efficient outcome, the production possibilities frontier must be shifted outward, allowing for the production of more goods or services with the same amount of resources.

A point inside the production possibilities frontier is technically feasible - meaning it can be achieved - but it is not necessarily efficient. This means that the combination of goods or services being produced does not maximize the potential output of the resources available.

To learn more about production, click here:

https://brainly.com/question/22852400

#SPJ4

According to the ama definition of marketing, who benefits from marketing activities?

Answers

Marketing activities benefit customers, stakeholders, and the wider public.

Marketing is a powerful tool for businesses of all sizes. By engaging in marketing activities, companies can reach more customers, increase brand awareness, and boost sales.

But there's more to it than just that; the definition of marketing from the American Marketing Association (AMA) states that it is the “activity, set of institutions, and processes for creating, communicating, delivering, and exchanging offerings that have value for customers, clients, partners, and society at large”.

This means that marketing activities also benefit customers, stakeholders, and the wider public, making it a win-win situation for everyone involved.

To learn more about marketing, click here:

https://brainly.com/question/25754149

#SPJ4

marketing is the activity, set of institutions, and processes that create, capture, communicate, and blank______ value.

Answers

The process, structure, and institutions involved in creating, delivering, and exchanging offerings that are valuable to partners, customers, clients, and society at large.

What generates communication and value delivery?

Creating, conveying, and providing value to customers, clients, and the general public is the essence of marketing. It encompasses a variety of techniques used by companies to promote and sell their goods and services to customers.

What value does marketing produce?

Marketing aims to meet human wants by delivering value. The marketer selects the product attributes and services that will add value. The marketer chooses pricing that are advantageous to both parties. The marketer chooses distribution strategies that provide value by being handy and easily available.

To know more about marketing activity visit:-

https://brainly.com/question/27261682

#SPJ1

Which of the following is defined as the
study of the aggregate economy studied
as a whole?
inde Mathematical economics
from
EconometricsMacroeconomics
O Microeconomics​

Answers

Macroeconomics is defined as the study of the aggregate economy studied as a whole.

The field of economics known as macroeconomics focuses on understanding how an economy functions as a whole and how it behaves. It focuses on the overall developments in the economy, including inflation, unemployment, growth rate, and gross domestic product.

The study of macroeconomics focuses on the functioning of economies, including shifts in the balance of payments, inflation, interest and foreign exchange rates, and variations in economic production. Only solid monetary and fiscal policies can lead to social fairness, poverty reduction, and sustained growth.

To learn more about macroeconomics, visit the link below:

brainly.com/question/14917467

#SPJ4

How automation plays an important role in developing countries?.

Answers

Automation plays an important role in developing countries in many different ways such that in increase employment or create new jobs, create high income.

The automation is defined as in a developing country can be beneficial to plant's productivity, trade and even employment performance. It results that the consumers spend more that leads to create new jobs.

The increase in automation in manufacturing leads to low income countries will not achieve in the rapid growth by the shifting workers from the agriculture into the factory jobs.

The automation have the power to improve the society in terms of reduces the cost and prices of products or services and makes the saving raise.

To know more about automation here,

https://brainly.com/question/28222698

#SPJ4

a relatively low level of fixed costs can make it economical to perform a particular activity in several locations at once is called ?

Answers

Economies of scale are the concept that helps to make it economical to perform a particular activity in several locations at once.

Economies of scale refer to the cost advantages associated with performing a particular activity in multiple locations. This cost advantage is achieved by achieving greater efficiency in production and by spreading the fixed costs associated with the activity across multiple locations.

As production increases, the cost associated with each unit of production falls. This is because the fixed costs are spread across a larger number of units, leading to lower production costs.

In addition, by having multiple locations, companies can benefit from economies of scale by reducing their overhead costs, such as transportation and labor costs.

For more questions like Costs click the link below:

https://brainly.com/question/10579476

#SPJ4

The ratio of the age of three peron A, B, C are given a A : B = 1 : 2 and B : C = 1 1/2 : 1. Find A : C. If the age of C i 18 year find the age of A and B

Answers

The age of A is 6 years and B is 12 years and ratio of A:C is 1:3

Given that the ratio of A's age to B's age is 1:2, and the ratio of B's age to C's age is 3:2, we can find the ratio of A's age to C's age by finding a common ratio between A and C.

Let's assume that B's age is x years.

Then, A's age is x * 1/2 = x/2 years, and C's age is x * 3/2 = 3x/2 years.

The ratio of A's age to C's age can be calculated as follows:

A : C = x/2 : 3x/2 = 1 : 3

Since C's age is 18 years, we can find the value of x:

x = [tex]2* \frac{18}{3}[/tex]

  = [tex]2*6[/tex]

  = 12

So, A's age is [tex]\frac{x}{2}[/tex] = [tex]\frac{12}{2}[/tex] = 6 years, and

      B's age is x = 12 years.

For such more question on age:

brainly.com/question/30437719

#SPJ4

Investor presentations of ________ provide an opportunity for discussions to take place regarding the continuing corporate performance on ________ value creation story and a ________ value creation plan.
a) short-term plans; short term; short term
b) short-term plans; long term; long term
c) long-term plans; short term; long term
d) long-term plans; long term; long term

Answers

Discussions on the ongoing corporate performance on a long-term value creation story and a long-term value creation strategy can be had during investor presentations of long-term plans.

We urge leaders to prioritize long-term value creation as a starting point when trade-offs need to be made because of the advantages it brings for resource allocation and economic health. Consider your staff members to be stakeholders.

Due to their managerial expertise in fields like planning, budgeting, purchasing, and human resource management, these companies bring value. enabling the business to concentrate its efforts on more desirable possibilities.

The main objective of a corporation is to maximize short-term gains for all of its stakeholders. When a business examines its stakeholders and its mission statement as well as competitors,

To know more about stakeholders, refer to:

https://brainly.com/question/28625232

#SPJ4

Is a free enterprise system a command economy?.

Answers

no it is not. it is categorized as free market or capitalism

which hr function includes job orientation, teaching skills, and professional growth?

Answers

The Human Resources department is responsible for a variety of functions that help to ensure the success of a company.

These include job orientation, teaching skills, and professional growth. Job orientation involves introducing new employees to their job duties, company culture, and expectations.

Teaching skills includes providing training and development opportunities that help employees stay up-to-date on the latest trends and best practices.

Finally, professional growth helps employees progress and become better versions of themselves. All of these functions are essential for the success of any company.

To learn more about job, click here:

https://brainly.com/question/17205577

#SPJ4

are health insurance premiums tax-deductible in 2021

Answers

The taxpayer (being individual/HUF) can claim deduction beneath area 80D in appreciate of clinical insurance plan premium paid through him in any mode other than cash. However, fee on account of preventive health check-up can be made in cash.

How tons health insurance premium is tax deductible?

The deduction allowed under Section 80Dm is Rs 25,000 in a economic year. In the case of senior citizens, the deduction restriction allowed is Rs 50,000. Individual: An man or woman can declare a deduction of up to Rs 25,000 for the insurance plan of self, spouse, and based children.

Is scientific health insurance plan tax deductible?

Health insurance premiums are deductible on federal taxes, in some cases, as these monthly repayments are categorized as medical expenses. Generally, if you pay for scientific insurance on your own, you can deduct the quantity from your taxes.

Learn more about health insurance tax deductible here:

https://brainly.com/question/29392161#SPJ4

A personal assessment can point a person in the direction of a particular career cluster. What best describes a career cluster?

a group of careers that start with the same letter
careers located in the same building
careers available at a specific company
a group of related careers

Answers

Career clusters are collections of similar job categories. They provide you with a simple approach to investigate several job types under a single broad category. Hence option D is correct .

What is cluster career ?

Career clusters are collections of similar job categories. They provide you with a simple approach to investigate several job types under a single broad category. Start with one of the clusters, such as construction or health care, to understand what it entails, current trends, and the various  vgit provides.

Here are a few examples of career clusters: Arts, Audio/Video Technology, and Communication; Law, Public Safety, Corrections, and Security; Agriculture, Food, and Natural Resources; and Health Science. All of these names should be fairly self-explanatory.

Agriculture commodities and resources, such as food, fibre, wood products, natural resources, horticulture, and other plant and animal goods/resources, are produced, processed, marketed, distributed, funded, and developed.

Learn more about Cluster career here

https://brainly.com/question/8160823

#SPJ1

How have tariff rates for manufactured goods been affected by the global efforts of gatt?

Answers

Global efforts to reduce tariff rates for manufactured goods have been an important part of the General Agreement on Tariffs and Trade (GATT).

Tariff rates for manufactured goods have been declining significantly since the establishment of GATT in 1947, and this trend has continued in recent years.

For example, the World Trade Organization has reported that the tariff rate for manufactured goods in the US has decreased from approximately 10% in the late 1940s to less than 1% in 2020. Similarly, tariff rates for manufactured goods in the EU have fallen from around 15% in the late 1940s to less than 4% in 2020.

These tariff reductions have helped to promote global economic growth and development, as they have reduced the cost of imported goods, making them more accessible to consumers.

In addition, these tariff reductions have increased competition among countries, making it easier for countries to access the global market, and allowing for the efficient transfer of goods and services around the world.

To learn more about tariff , click here:

https://brainly.com/question/29775921

#SPJ4

what was the benefit of the agricultural adjustment administration limiting

Answers

The Agricultural Adjustment Administration (AAA) was part of the New Deal that was enacted to help farmers during the Great Depression. The AAA sought to limit crop production in order to increase prices and raise income for farmers.

What do you know about Adjustment Administration (AAA) ?

Adjustment Administration (AAA) is a government program that provides relief to distressed communities by providing financial assistance for job creation and economic development. The program is funded through the U.S. Department of Commerce and is administered by the Economic Development Administration. The program provides targeted investments for communities suffering from economic distress to help them create jobs, attract businesses and investments, and expand economic opportunity. This was beneficial because it ensured that farmers were able to earn a living wage for their work, and prevented overproduction of crops that would have resulted in oversupply and low prices.

So, The AAA sought to limit crop production in order to increase prices and raise income for farmers.

To learn more about Adjustment Administration (AAA):

https://brainly.com/question/3840138

#SPJ4

which organizational resource is the focus of the behavioral management perspective?

Answers

Human organizational resource is the focus of the behavioral management perspective.

Management takes special interest in the employees to make and feel them like part of organizations, in organizational behavior also the human and group behavior is examine or analyze in the organization as it directly influence the  performance of employees through motivation, leadership and the communication, in this concern two perspective of human behavior are examined such as internal perspective which examine the individual thought, feelings, values and beliefs which affect there performance while the external perspective consider effects of external events and the environmental factor on the individual's performance, in this behavioral management perspective concerned to the ways through which an organization manage the  productivity of workers by understanding employees motivation which is based on there expectations, need and interest, and group dynamics.

Know more about Organizational Behavior refer to:

https://brainly.com/question/30074673

#SPJ4

____are the moral principles of right and wrong that govern a person’s or group’s behavior. _____describe how a company positively interacts with customers and employees. ____is an individual’s set of values and beliefs that hard work builds personal character.

Answers

Ethnic are the moral principles of right and wrong that govern a person’s or group’s behavior. Business ethnic describe how a company positively interacts with customers and employees. A work ethnic is an individual’s set of values and beliefs that hard work builds personal character.

In business, Ethnicity generally can be defined as a considered to be shared characteristics such as  traditions, culture, language, and also religion, which contribute to a person or group's identity. Beside that, Work ethic in business generally can be defined as a belief that work and diligence have a moral benefit and an inherent ability, virtue or value to strengthen character and individual abilities.

Here you can learn more about work ethnic https://brainly.com/question/29692014

#SPJ4

Answer:

Ethics are the moral principles of right and wrong that govern a person’s or group’s behavior.

Business ethics describe how a company positively interacts with customers and employees.

A work ethic  is an individual’s set of values and beliefs that hard work builds personal character.

Explanation: I just did the assignment on edge 2023.

a new restaurant offers a 14% discount off a customer’s total bill to the first 500 customers to eat at the restaurant. if the first customer’s total bill is $38.50, how much does the customer owe after the restaurant applies the discount, in dollars and cents?

Answers

The customer owes $33.11 after the restaurant applies the discount.

To calculate the customer's final bill, we need to first determine the total dollar amount of the 14% discount. To do this, we can multiply the original bill of $38.50 by 14% (expressed as a decimal, 0.14)

Discount = $38.50 * 0.14 = $5.39

To find the final amount the customer will pay, we can then subtract the discount from the original bill:

Final Bill = $38.50 - $5.39 = $33.11

So the customer owes $33.23 after the restaurant applies the 14% discount.

For more questions like Bill click the link below:

https://brainly.com/question/29257741

#SPJ4

Which of the following taxes is a progressive tax?
a. Sales tax

b. Excise tax

c. Property tax

d. Income tax

Answers

d. Income tax is a progressive tax, which is a type of tax where the tax rate increases as the number of income increases. The idea behind a progressive tax is that those who can afford to pay more should pay more. The income tax rate structure is typically tiered, with higher tax rates applying to higher levels of income.

This means that as a person's or a company's income increases, they will be required to pay a higher percentage of their income in taxes. The progressive income tax system is designed to ensure that those who can afford to pay more taxes do so, while still allowing low-income individuals to keep a larger proportion of their income.

To learn more about tax:

brainly.com/question/19643657

#SPJ4

Which factor could influence an employer to reduce the number of workers at his business? an economic downturn better education in workers the opening of a new location high demand for the company's goods.

Answers

An employer might decide to cut the number of employees at his company as a result of the economic downturn. When an economic downturn occurs, there is often decreased demand for goods and services, leading to a decrease in profits.

What is an economic downturn ?

An economic downturn is a period of time in which there is a significant reduction in economic activity. This can be observed through decreases in gross domestic product (GDP), investment, consumer spending, employment, business activity, and other economic indicators. During an economic downturn, individuals and businesses experience a decrease in income, causing them to reduce their spending and investments, leading to further decreases in economic activity. Governments often respond to an economic downturn by introducing fiscal and monetary policies designed to stimulate the economy, such as cutting taxes, increasing government spending, and reducing the interest rate.

So, An economic downturn could influence an employer to reduce the number of workers at his business.

To learn more about economic downturn:

https://brainly.com/question/7201254

#SPJ4

Other Questions
How do hereditary factor transfer from generation to generation?. although gdp is a reasonably good measure of a nation's output, it does not necessarily include all transactions and production for that nation. which of the following scenarios are either not accounted for or measured inaccurately by either the income or the expenditure methods of calculating gdp for the united states? check all that apply.: Check all that apply. The costs of overfishing and other overly intensive uses of resources Expenditures on federal highways The import and sale of illegal drugs from South America The variety of goods avallable to consumers When a U.5. company purchases and imports autometive parts from Canada to use to build cars within the United States, this purchase increases the component of GDP while also automotive parts from Canada causes net exports by the same amount. Therefore, the purchase of in US GDP. Please help!!! This is algebra 2 what is the corruption ???? what is the recursive formula for -1, -6, -36, -216 what city and state is known as the shark tooth capital of the world? these were series of laws passed by parliament in 1774 after the boston tea party. What is these ? the pathway map for pyrimidine metabolism indicates that biosynthesis of ump requires intermediates from which pathways. 1. Glycolysis II. Citric Acid Cycle Pentose Phosphate Pathway IV. Arginine Metabolism V. Alanine, Aspartate, and Glutamate Metabolism VI. Valine, Leucine, and Isoleucine Metabolism. A. I, II, III, IV, V, and VI B. IV, V, and VI C. III, IV, and V D. I and II How do you find radical 3?. Select two words or phrases that support the central idea Select the reason that justifies the step. Which is not a characteristic of the earthworms?Select one:O a.a.segmentationO b. complete digestive systemO c.hermaphroditicO d.d. nephridia to remove wasteO e. dorsal hollow nerve cord What events led the US to enter World War 2?. In desperation, the fictional family in the film uses a Kitchen Safe to lock up their screens, but the solution is shortlived. What is your familys relationship with social media at home? g symbolic interaction theory analyzes society and addresses the subjective meanings that people impose on Anu copied the formula =$A$3*$B$1 from cell A1 to B5. How will the formula look like in cell B5? (a) =$B$7*$C$5 (b) =$C$7*$B$5 (c) =$C$5*$B$7 (d) =$A$3*$B$1 Copper-64 is used in the form of copper acetate to study brain tumors. It has a half-life of 12.8 hours. If you begin with 15.0 mg of 64 Cu-labelled copper acetate, what mass in mg remains after 2 days and 16 hours? Modify this query so the InsuranceType field is hidden in the query results, and then run the query QUESTIONS ABOUT JUNGLE BOOK*The village on the outskirts of the jungle is an example of who or what?*Rudyard Kiplings The Jungle Book used what Kipling's poem as its basis?*The jungle represents what group of people?*The animals of the jungle represent which groups of people? Please help !!! Explain why proposing to teach creationism or intelligent design in high school classes is legally problematic in this country, and what are the results of these attempts have been ? Answer based on your knowledge please