The correct answer is C (proportional tax)
Explanation:A proportional tax is a duty forced so the expense rate is settled, with no change as the assessable base sum increments or diminishes. The measure of the assessment is to the extent to the sum subject to taxation.
"Proportional" portrays an appropriation impact on salary or use, alluding to the manner in which the rate stays reliable (does not advance from "low to high" or "high to low" as pay or utilization changes), where the negligible expense rate is equivalent to the normal duty rate. It very well may be connected to individual charges or to an assessment framework all in all; a year, multi-year, or lifetime.
Corresponding expenses keep up equivalent duty frequency paying little heed to the capacity-to-pay and don't move the occurrence excessively to those with a higher or lower financial prosperity.
Answer:
It is C. Proportional
Explanation:
Proportional is the type of tax rate that Illinois has. They have a flat rate charged to all citizens of the state.
True or False: If the extra output produced from an additional unit of capital falls as the stock of capital rises, the country is possibly overinvesting in capital.
A person who can afford a monthly payment of _____ and agreed to a monthly payment of _____ was most likely the victim of predatory lending
Predatory lending includes any unscrupulous actions that benefits a lender at the expense of a borrower. Emphasizing the payment is one example of predatory lending.
A person who can afford a monthly payment of 1300$ and agreed to a monthly payment of 1400$ was most likely the victim of predatory lending. Correct answer:D
If the money supply is $250 billion and nominal GDP is $1 trillion, the velocity of money is:
El Eram Inc. is automating processes so the company can meet its demand with a smaller workforce. The CEO asks Monica, the vice president of human resources, for advice on how to address the resulting labor surplus. Monica studies the workforce and observes that many employees are in their 50s and 60s. Furthermore, these employees are the highest-paid workers in every job category. Based on this information, what should Monica suggest as the most effective way of addressing El Eram's labor surplus?
Do different societies require different amounts of societal resources?
Answer:
Yes, different societies require different amounts of societal resources. Explanation:
The amounts of societal resources are based on the size or population of the society. The more vast the population the more resources needed. For example, the USA and Russia have a different population count, so that does mean we require different amounts of societal resources.
Final answer:
Yes, different societies do require different amounts of societal resources due to varying cultural norms and cooperation levels. The challenge in resource allocation involves balancing immediate needs with sustainable practices, as highlighted by the Iroquois philosophy, considering future generations and the efficient use of specialization and trade.
Explanation:
Do different societies require different amounts of societal resources? The simple answer is yes. Scarcity and resource allocation are fundamental problems every society at every level faces, leading to the necessity of making choices about resource usage. Societies vary culturally and differ in the levels of cooperation required for survival; hence, the amount of resources needed can differ significantly. While a society might thrive with minimal resources, another might require an extensive amount to maintain a certain standard of living.
The concept of division and specialization of labor, as described by Adam Smith in The Wealth of Nations, demonstrates how societies evolved from self-sufficiency to specialized trade systems that maximize the efficiency of resource use. Instead of an individual producing all they need, systems of trade and labor specialization enable societies to thrive on a global scale, with resource access influencing power dynamics and societal structures.
The Iroquois philosophy of making decisions with consideration for seven generations emphasizes the need for sustainable resource management, which aligns with contemporary discussions regarding how current consumption impacts future availability. The challenge is ensuring all people have access to enough resources to survive, which may require a global shift in the way resources are consumed and valued. This involves not just reciprocity within communities but rethinking resource accessibility and power dynamics.