Explanation:
If the tax rate is 0%, the government will earn no revenue. If the taxation rate is 100%, the government will be the recipient of all revenue generated by the economy, and will thereby maximize its own revenue.
Answer:
Pre- Construction
Explanation:
Malik is employed by an firm which is involved in the pre- construction work and that is called architecture firm. So, the pre- construction is that phase in which all the activities in a construction project which will happen or occur before the construction begin. Therefore, the Malik is most likely working in a firm which is a pre- construction firm.
Answer
Shifts PPC to the right-A new technology is invented to produce more food grains in the country.
point on original PPC- the country is using all its resources efficiently.
shifts PPC to the left- many of the country's young people died in an earthquake
unattainable point- the country plans to produce with the available resources
Explanation
PPC -This is the short form of Production possibility curve. This is an indicator which shows the maximum production of two or more goods and services which can be achieved in the economy of a nation when the resources are well distributed and fully utilized in a productive manner. The causes of increment in output where the curve may shift to left or right or attainable point and even to the original PPC is due to the distraction of capital equipment in the country.This depends on how the country is using its resources.
Answer:
$85,500 will be credited in the Frank's capital account.
Explanation:
Chase's current capital balance = $75,000
Hutch's current capital balance = $120,000
Frank invests = $90,000
Frank's Interest in Partnership = 30%
Total Capital Investment in business = $75,000 + $120,000 + $90,000
Total Capital Investment in business = $285,000
Frank's Share = 285,000 x 30% = $85,500
$85,500 will be credited in the Frank's capital account.
Labor contract.
A labor contract sets for the rights and responsibilities of labor and management for unions and other labor groups.