Elucidate how Personal income tax is a major source
Elucidate how Personal income tax is a major source?
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a. The Federal personal income tax is progressive. People with higher incomes pay a higher percentage of that income as tax than do people with lower incomes.
b. A marginal tax rate is the rate at which the tax is paid on each additional unit of taxable income.
c. The average tax rate is the total tax paid divided by total taxable income.
d. A tax whose average tax rises as income increases is progressive.
Briefly explain the use of graphs as a way to present economic relationships. What is an inverse relationship?
Why producers not be able to find enough paying buyers for “public goods”?
Explain the definition of Economics?
surpluses drives price down,shortages drive up
Write down the internal factors which influencing the capital structure?
What are the Causes and theories of inflation?
Elucidate the gains that have occurred using the resources as before specialization?
Distinguish between a change in demand and a change in the quantity demanded?
Define the term Weak-form market efficiency. Explain briefly.
I have a problem in economics on Comparative advantage in production. Please help me in the following question. The oranges are grown in Florida and potatoes are grown in Maine mainly since: (i) orange-grower’s in Maine have not lobbied effectiv
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