Which of the following statements about lump-sum taxes is correct A. A lump-sum tax means that tax revenues vary directly with GDP. B. A lump-sum tax means that tax revenues vary inversely C. A lump-sum taxes means that the tax applies to only one time period. D. A lump - sum tax means that the same amount of tax revenue is collected at each level of GDP.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following statements about lump-sum taxes is correct A. A lump-sum tax means that tax revenues vary directly with GDP. B. A ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Phan Company has not reported a profit in five years. This year the company would like to narrow its loss to $7,500. Assuming its selling price is $36.
Answers (1)
According to PCN analysis, service operations exist only within the area (s) of: a. independent processing. b. independent processing and surrogate interaction. c. independent processing and direct interaction. d.
Answers (2)
The Atomic Energy Commission (AEC) was engaged in rulemaking proceedings for nuclear reactor safety. An environmental group sued the commission, arguing that its proceedings were inadequate.
Answers (1)
Bamp; C Co. has net income of $48,200, sales of $947,100, a capital intensity ratio of. 87, and an equity multiplier of 1.53. What is the return on equity?6.77 percent5.93 percent8.95 percent12.21 percent14.09 percent
Answers (1)
Which would be the correct sequence of events in the speedboat industry if waterway access was improved and, at the same time, a lighter polymer became available that increased production efficiency? A.
Answers (1)
New Questions in Business
The accounting cycle starts with a. closing out the periodic accounts. b. recording the transaction based on the information in a source document. c. preparing the financial statements. d. preparing the adjusting entries.
Answers (1)
Ratemakers at ABC Insurance Company calculated the pure premium to be $280 for a risk they were considering insuring. What is the gross rate for this risk, assuming a 30 percent expense ratioA) $364 B) $400 C) $430 D) $520
Answers (1)
When plant assets are purchased as a group in a single transaction for a lump-sum price, the cost of the purchase is allocated among the different types of assets acquired based on their relative market values. true or false
Answers (1)
What are the security and management issues concerning virtual offices, especially hooked up into large virtual networks?
Answers (1)
Burns Industries currently manufactures and sells 20.000 power saws per month, although it has the capacity to produce 35,000 units per month.
Answers (1)