Answer:
Encouraging saving by allowing workers to set aside a portion of their earnings in tax-free retirement
Imposing restrictions on foreign ownership of domestic capital
Explanation:
$40 you want to charge enough to pay for them and make a profit.
Answer:
Following are the solution to this question:
Explanation:
In all the given choices some of the data is missing so, its correct entry can be defined as follows
Cash account $7,840
Sales discount $160
To Accounts receivable $8,000
Answer:
B. The demand is more elastic than supply .
Explanation:
Demand & supply are buyers & sellers ability , willingness to buy & sell respectively .
Elasticity means responsiveness of demand & supply to prices.
'Tax burden' can be forwarded / shared only in case of Indirect taxes , whose burden & incidence lie on different people.
The burden falls on the party (consumers / suppliers) whose market element (demand / supply) is inelastic i.e less responsive to prices.
So , if sellers are bearing larger burden : It means demand is relatively elastic & supply is relatively inelastic.
Spoils system and nominating conventions
The spoils systems is when a particular party wins the election, that party gives the civil service government jobs to people of their same party. Nominating conventions are big events for the party where people come together and delegates vote to nominate a particular person to be a candidate.
