Is federal income tax a direct or indirect tax? Explain your response.

Answers

Answer 1
An indirect tax as the money doesn't go directly to the government. It comes from some other person or a group.

Related Questions

When a consumer is able and willing to buy a good or service, he or she creates which of the
following?



A)
consumption



B)
allocation


C)
demand


D)
elasticity

Answers

C: They create demand.

The answer is A.) Consumption

What does making a credit card minimum payment mean?

Answers

Credit card terms require you to pay at least the minimum payment by the date pointed out every month. This payment is the lowest amount you can pay on your credit card to avoid penalties. Minimum payments are usually a percentage of your outstanding balance.

Hope this helps.

If as a part of its business, a company routinely handles toxic materials, all employees who come into contact with the hazardous materials should _______.



a.

be allotted more vacation time than other employees


b.

be filing to collect worker?s compensation


c.

be trained to safely handle and dispose of the materials


d.

be able to file complaints to OSHA to close the business

Answers

If as a part of its business, a company routinely handles toxic materials, all employees who come into contact with the hazardous materials should be trained to safely handle and dispose of the materials! This is extremely important.

If as a part of its business, a company routinely handles toxic materials, all employees who come into contact with the hazardous materials should be trained to safely handle and dispose off the materials. Therefore, the option C holds true.

What is the significance of hazardous materials?

Hazardous materials can be referred to or considered as materials that are usually harmful for the consumption or exposure in any matter as may be prescribed. These materials may also prove to be fatal in nature at some times.

A company that deals in a working environment of hazardous materials =, it becomes extremely for such organization to dispose and treat these materials in a safer manner, so that no further damages are caused to the people after the usage of materials has been completed.

Therefore, the option C holds true and states regarding the significance of hazardous materials.

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Consumer products such as furniture and appliances are typically distributed using what kind of distribution

Answers

Consumer products such as furniture and appliances are typically distributed using selective distribution. Selective distribution uses only a preferred group of the available retailers in an area and by doing this is helps ensure producers of quality sales and service. The other two retail distribution strategies are Intensive distribution: . Intensive distribution and Exclusive distribution.

According to the pie chart, which function consumed the largest portion of government expenditures in 2003?

providing retirement income for older citizens

improving roads, bridges, and other infrastructure

providing health care for older and poor citizens

paying the interest on the national debt

improving education and training for poor citize

Answers

Final answer:

The largest portion of government expenditures in 2003 was likely spent on providing health care for older and poor citizens, which includes programs like Medicare and Medicaid.

Explanation:

According to the information provided, which reflects government expenditures from various figures, the function that consumed the largest portion of government expenditures in 2003 was likely providing health care for older and poor citizens. This category, which includes programs such as Medicare and Medicaid, has consistently been a significant part of the budget, growing steadily as a percent of GDP. When it comes to entitlements which represent obligations that the government must pay, health care is a substantial portion, alongside Social Security, and interest payments on the national debt.

Medicare is a national health insurance program that _____.

A. is funded by Social Security taxes

B. only insures people who are under the age of 65

C. covers people over 65 and others with certain disabilities

D. insures America’s poorest people

Answers

C. covers people over 65 and others with certain disabilities.
Hope that I helped :)
The answer to this question is letter C!

Which goal of monetary policy is missing from the list: economic growth, stable prices and _________?

Question 9 options:

A)
balance of trade


B)
full employment


C)
loose fiscal policy

Answers

The answer is B: Full employment. Hope this helps :)

How long does a bachelor’s degree program usually take to complete?


A. Two years


B. Four Years


C. One year


D. Five years

Answers

B: It takes Four Years

Answer:

Four Years

Explanation:

Associates is 2 years

Bachelors is 4 years

Masters is 6 years

Doctorate 8+ years

What must an entrepreneur do after creating a business plan

Answers

Here is the answer to the given question above. What an entrepreneur must do after creating a business plan is to finance the business. What an entrepreneur assumes when starting a business is that clever market strategies may still fail to sell a product. Hope this is the answer that you are looking for.

 

After creating a business plan, an entrepreneur does finance the business.

Further Explanation:

Entrepreneur:

An entrepreneur is a person who alone can start his business. He is the only owner of his business. He does not have any partnerships with other people. He takes all the losses in the business. He also earns all the profit in the business. The successful entrepreneurs are those people who have the ability of leadership and risk management.

Business plan:

A business plan refers a plan in which the entrepreneur decides about when to start the business, the product that has been produced, short term goals, long term goals, estimated how much units produced, cost of production of units and other expenses that have been occurred after starting the business.

After making a business plan, he does finance the business. The entrepreneur starts financing the business. He looks after the sources of finance and how much finance should borrow and how much investment he can do own, and from what sources the entrepreneur should take finance whether from a private bank or any other sources. An entrepreneur decides on the basis of that the debt should not be more than equity as it creates more burden on the business to pay the debt immediately.

Learn more:

1. Learn more about business law

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2. Learn more about starting a business

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3. Learn more about profit margin

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Answer details:

Grade: Middle School

Subject: Business

Chapter: Entrepreneurship

Keywords: Must, an entrepreneur, do after, creating, business plan, business, Entrepreneurship, to finance the business, own business, short term goals, long term goals.

Samantha puts an initial $500 into a savings account. The account has a 4% annual compound interest rate. What is the function that best represents Samantha's account and how much does she have in savings after 5 years? Round your answer to the nearest dollar.
Hint: Use the formula, f(x) = P(1 + r)x.

f(x) = 500(1.4)x, $2,689
f(x) = 500(0.04)x, $512
f(x) = 500(1.04)x, $608
f(x) = 500(1.04)x, $5

Answers

So based on the given problem above, and the given formula, the function that would best represent Samantha's account would be this: f(x) = 500 (1.04)^x
Since P is amount and r is the interest rate so P is 500 and r is 0.04.
f(x)= P(1 + r)x.
f(x) = 500 (1 + 0.04)^x
f(x) = 500 (1.04)^x
Now, solve for it:
f(x) = 500 (1.04)^5
f(x) = 500 (1.21665)
f(x) = 608
Therefore, the answer would be the third option. Hope this helps.

For every problem-solving activity it is crucial that no less than five alternatives be considered.truefalse

Answers

False

Depending on the activity, less alternatives may be considered.

I hope I helped!

This shows how much profit is being made by each dollar of sales for the period being analyzed

Answers

Net income ratio .........................

Which of the following terms refers to legal protection provided against copying, distributing, performing, or changing both published and unpublished works?
a. Intangible property b. tangible property c. copyright****** d. intellectual property What is piracy? a. The use of copyright in federal court b. copying, downloading, reproducing, or distributing material without permission ******
c. exercising your intellectual property rights d. giving others permission to use your tangible property.
what is covered by the term intellectual property? a. Copyrighted material, plus intangible things like ideas, music, the written word, or pictures.********
b. anything that is owned and can be touched c. any item immune from piracy that is also purchased
d. property that is available for public use.

Answers

Final answer:

Copyright is the legal protection against copying and distributing of published and unpublished works, while piracy is the illegal act of doing so. Intellectual property covers copyrighted material and intangible items like ideas, music, or the written word.

Explanation:

The term which refers to the legal protection provided against copying, distributing, performing, or changing both published and unpublished works is called copyright. This is an essential component for protecting intellectual work. When someone violates these rights such as copying, downloading, reproducing or distributing material without permission, it is referred to as piracy.

Intellectual property is a broad term that covers various legal entitlements which come from the mental labor recognized by law. It includes copyrighted material, and intangible things like ideas, music, the written word, or pictures. Intellectual property right allows an individual or enterprise to have exclusive rights to use its own plans, ideas, and other intangible assets.

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Conflict management is dealing with conflict in either a _________________.





a.


confrontational, non-confrontational, or cooperative way




b.


non-confrontational, cooperative, or interpersonal way




c.


cooperative, aggressive, or assertive way




d.


confrontational, non-confrontational, or uncooperative way

Answers

As far as I remember, conflict management is dealing with conflict in either a confrontational, non-confrontational, or cooperative way. So the answer is A.

Answer:

The answer is A

Explanation:

If you declare personal bankruptcy, how long will this stay on your credit report

Answers

It will stay on your credit report up to 10 years, i believe.

In _____ interviews, interviewers tend to ask questions which they see fit and do not depend on a fixed set of questions for their interviews.

Answers

saving accounts usually offer higher interest rates
I think it is

In unstructured interviews, interviewers tend to ask questions which they see fit and do not depend on a fixed set of questions for their interviews. This type of interview is also known as a standardized interview or a researcher-administered survey.

In structured interview, on the other hand, managers ask each applicant the same standard question.

Which of the following payment types require you to pay upfront?
A) Money Order

B) Cashier's Check

C) Pre-paid Card

D) All of the above

Answers

The question given asked which among the given choices which includes the following: (A) Money order, (B) Cashier's check, (C) Pre-paid Card are to be paid upfront. To answer this item, it should be noted that all of the given choices require to be paid upfront. Hence, the answer is letter D. All of the above.

Which of the following statements is false? A. A debit card never has a MasterCard or Visa logo on it. B. Your debit card is like cash. C. You do not borrow money when you use a debit card. D. Loaning your debit card to friends is a not smart thing to do.

Answers

A debit card is like cash, because you withdraw from your bank account money that you've already saved in it, so it's not B. or C.
D. is obviously true, so it isn't that either.

So by process of elimination, I'm pretty sure the correct answer is A.

Final answer:

The false statement is 'A debit card never has a MasterCard or Visa logo on it.' Debit cards can bear these logos, as they are payment systems networks. The other statements regarding the function and security of debit cards are true.

Explanation:

The false statement that is options is A. A debit card never has a MasterCard or Visa logo on it. That's not true. Debit cards are often issued by banks and they can bear the logo of MasterCard or Visa, as they are payment systems. It indicates where these cards are accepted as a form of payment.

The other three statements are true. Your debit card is like cash. When you use a debit card, the money is directly deducted from your banking account, just like how cash functions when you pay with it. we cannot borrow money using a debit card. Payment is made from the money you already have in your account, unlike a credit card where you borrow money from the bank to make a purchase. Lastly, Losing your debit card to friends is a not smart thing to do. It can pose risks to your financial security as debit card details can be misused for unauthorized transactions.

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In the equation 1,500(B-15)=3,000, B equals

Answers

B=17
1500(17-15)=3000
1500(2)=3000

Answer:

17

Explanation:

How many government agencies does the United Kingdom have to oversee the financial industry?

Answers

The United Kingdom has one primary agency to oversee the finances of the country. This agency is called HM Treasury. HM Treasury has several departments which help coordinate the finances of the country. Some of the departments within the HM Treasury are in charge of welfare, taxes, and business developments. I hope my answers has come to your help.

The Correct Answer: 1

a state park charges $5 per car plus $1 per person as an admission fee. the total charged for a car with x people is f(x)=x+5. how will the graph of this function change if the per car charge is changed to $8 per car?
A. The line will shift vertically down by $3
B. the line will shift vertically up by $3.
C. The line will shirt vertically up by $8.
D. The line will shift vertically down by $8.

Answers

The two functions that defines the situation are : 
f(x) = x + 5
and
f(x) = x + 8

When you plug in different values of x and graph the coordinates,you will notice that the graph as been shifted 3 units up.
So,
The best answer is : 
B. the line will shift vertically up by $3.

Answer:

b

Explanation:

. Elena wants to open a Chinese restaurant near a university. She has the required capital to start her restaurant. However, she is unable to find good chefs for her restaurant. Which type of resource is Elena lacking?
natural
human
capital
entrepreneurship

Answers

Human resource is lacking.

human resorce is lacking

Which of the following items are required on a food label?


a. Dietary fiber

b. Sugar alcohol

c. Insoluble fiber

d. Beta-carotene

Answers

the one that is required on a food label is :
A. dietary fiber
Many consumers need this information for maintaining their bowel movement

hope this helps

What are two ways that a person's wealth may be taxed? Describe these taxes.

Answers

Here are the answers to the question above. The two ways that a person's wealth may be taxed according to the following: 
Estate taxes are taxes levied on a person’s estate when that person dies. Inheritance tax is a tax on the property or assets that someone has passed on to another. Hope this answers your question.

What are two ways someone could earn money on a real estate investment? 1.) Residents pay to have the floors cleaned. 2.) Owner could sell a property he or she fixed up. 3.) Residents pay rent to the owner. 4.) Owner could charge people that drive by the property.

Answers

The correct answers are

Owner could sell a property he or she fixed up

Residents pay rent to the owner

:)

Owner could sell a property the person fixed up and Residents pay rent to the owner are two ways someone could earn money on a real estate investment.

What is real estate investment?

The purchasing of real estate as an investment rather than a permanent residence is referred to as real estate investing. In simple terms, it can be defined as any immovable but transferable land, building, infrastructure, or other tangible property.

Thus, option B and C are correct.

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_______ is a tool used to communicate the distinct attributes of a product; it can be used as a slogan or a theme and often becomes a snapshot of the entire advertising campaign.

Answers

Answer:A unqiue selling proposition

Explanation:

A Unique Selling Proposition (USP) is a distinctive and compelling aspect of a product or service that sets it apart from competitors in the minds of consumers. It is a specific and clear statement that communicates the unique benefits or qualities of a product, answering the question: "Why should a customer choose this product over others?"In the context of advertising, a USP is often used as a slogan or theme that encapsulates the key selling points of the product. It is a concise and memorable message that aims to create a lasting impression and influence consumers' purchasing decisions. The USP should emphasize what makes the product different, better, or more valuable than alternatives in the market.

How does the economy use its factors of production (land, labor, capital, and entrepreneurship) to facilitate economic growth?

Answers

Here is the answer to the given question above. The factors of production include land, labor,capital and entrepreneurship and these four are considered as the building blocks of the economy. The first factor is land. This is where most of the resources are gathered especially the natural resources in order to produce goods and services. The second is labor. In other words, this is known as the manpower. This is the effort contributed in order to produce goods and services. Third is the capital. The capital includes the machineries and the tools that are used by the people for labor. And fourth is entrepreneurship. The entrepreneur is the person who has the ability to combine the three other factors in order to gain profit. 

land

air

building new structures vertically in the air

sand

building new islands at sea

labor

construction workers

building the Burj Khalifa

human capital

engineering skill

building a ski slope in the desert

physical capital

machinery

cranes used for construction

entrepreneurship

leader's action to develop the city

making Dubai into a business and entertainment center for the Middle East

Which of the following statements about taxes is FALSE? ATaxes are collected at the local, state and federal level BSome states don’t collect income tax CSome states don’t collect sales tax. DTaxes at the local, state and federal level are all equal

Answers

A. Taxes are collected at the local, state and federal level 

Answer:

A. Local Taxes

Explanation:

Which of the following statements is correct? ACars typically lose the most value in the first year after purchase. BHouses will always appreciate in value over the long-term. CBoth A & B D or neither a or b

Answers

A, it is correct because Houses cant appreciate the value because they wear out so fast, Cars wear down faster because its metal.

I believe the answer is: A. Cars typically lose the most value in the first year after purchase

As the miles usage in cars increase, the quality of the machine tend to deteriorate, which would lead to the decrease in the cars' value. On top of that, the new model that given by car companies tend to possess better technology/design. On average, cars tend to lose 15 - 25 % in value during the first year.

Credit reports are created by?

Answers

From my knowledge, Lenders are the people who make them.
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