Why does the government need to collect taxes?
O A. To control the money supply and manage economic growth
B. To provide investments for domestic industries
ОО
C. To prevent international trade from costing jobs
D. To ensure competition and protect consumers​

Answers

Answer 1
I think it’s A to control the money supply and manage economic growth
Answer 2

Option (a) is the best choice. To regulate the money supply and oversee economic growth, the government needs to collect taxes.

Why is it necessary for the government to collect taxes?

The majority of this income goes toward funding government operations (such as maintaining infrastructure and paying employees' salaries), as well as purchasing products and services for American individuals and businesses.

The government collects taxes to fund the services and goods it offers, such as roads, schools, police protection, libraries, parks, and law enforcement. The largest source of money for the federal government is the individual income tax. Every dollar the government receives comes from this source, or about 50 cents.

What makes paying taxes to the government important?

Your taxes go toward paying government employees as well as supporting the police and fire departments. The safety and upkeep of the roads you use are made possible by tax money. Taxes are used to fund public spaces like parks, libraries, and other amenities.

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Related Questions

Using weighted average, the cost of goods sold for the sale of 23 units on July 31 is ____ and the inventory balance at July 31 is

Answers

Answer:

the correct answer is.

Explanation:

hope this helps u!!!!!

108.90 is the right ones bc

Current assets.
A. Things of value you can liquidate easily like cash and or stocks.
B spreading cost over time.
C a building is an example.

Answers

Answer:

A

Explanation:

Answer is A

Current assets are short term assets like bank money, cash, inventory and debtors (people who owe you money), these can be converted into cash (liquidated) more easily and quickly than Non Current Assets like land, buildings, etc.

If employees of Washburn guitars want to travel to Asia to meet with guitar craftspeople, what is the best choice of who to send if diversity is considered a primary factor in the visit?

Answers

Answer:

The answer is "The group of a range of age, color, sexual orientation, financial backgrounds, employment and age differences".

Explanation:

In the given-question, the above answer is correct because the team represents a wide community of gender, ethnicity, gender identity, income levels, academic attainment, and also includes the disparities across generations, although diversity spans race and gender, and presentation must be granted to all types of people, that's why the diversity is a big factor in the visit.

The top answer is correct love, I double checked it

Mason pays $251 monthly for auto insurance. He had an accident involving another car. His
insurance company paid $2500 to settle the claim. At the end of the year, did the insurance
company make a profit from Mason?

O No, the amount of the claim was more than a year's worth of payments.

O Yes, the year's worth of payments is more than the amount of the claim.

O Yes, the year's worth of payments is less than the amount of the claim.

O No, the amount of the claim was less than a year's worth of payments.​

Answers

Answer: Yes, the years worth of payments is more than the actual claim

Explanation:

the claim was $2500 and he payed $3,012 a year for insurance

Yes the years worth of payments is more than

Average consumers spend 7% of their income on utilities. The scotts' annual income is
$42,000. Assuming that utility payments are the same each month, how much of the Scotts'
monthly budget should cover the cost of utility bills?
O $700
O $245
O $2860
O $2940​

Answers

Answer: $245

Explanation: $42,000 - 7%= $2,940. $2,940 /12 months= $245

The answer to this question is 245

Orlando’s business wants to enact an affirrimative action plan which of the following would not be a part of the process

Answers

Answer:

C). Firing majority workers who perform the least well.

Explanation:

An Affirmative action plan is characterized as the management tool that details of present and future course of action/procedure in order to ensure the rights of every individual on the basis of their caliber, ability, and merit irrespective of their race, gender, class, religion, disability, etc. It primarily aims to offer a fair entry to employment opportunities for all and develop a work community that reflects the demographics of a proficient and qualified workforce. Thus, 'firing majority workers who perform least well' would not be a part of this process as it offers fair access to opportunities on the basis of ability. Therefore, option C is the correct answer.

The correct answer would be C

Which of these methods allows people to make payments by mail when they do not have a checking account? A: Electronic withdrawal B: Money order C: Automatic deduction D: Online payment

Answers

Answer:

D

Explanation:

Its obvious cuz u can do it just two steps!

Answer:

B. Money Orders

Explanation:

Money orders were widely popular in older days when not everyone had a banking account or when banks were not as popular.

Rest of the options require you to have a checking account or some form of account like credit accounts but money orders only care about money and although money orders looks similar to bank checks they ARE NOT bank checks as they are not linked with bank accounts. Money orders can be bought from post offices or places like USPS.

Before an angel investor is willing to loan money to Chloe so she can start a
private school, Chloe must create a defined exit strategy. What would the
purpose of the exit strategy be?
O A. To minimize competition from international companies
B. To enhance the possibility that the angel investor will be repaid
C. To ensure that government wage laws are followed
D. To avoid overpayment of corporate taxes

Answers

Answer: B. To enhance the possibility that the angel investor will be repaid.

Explanation: Angle investor wants to be sure of what they are getting into and as such requires Chloe to come up with what is called an exit strategy which is very crucial as the future of a business might not be so certain. A business exit plan could be explained as a strategic workplan which a business owner may take at selling his business to investors either to make substantial profit or ensure damage limitation. Therefore, with a good exit strategy, business owners have a very good chance of making substantial profit or very little loss. This is why angel investor requires Chloe to come up with a defined exit plan, so they it can be sure that Chloe will repay her loan.

Answer: B

The investor wants to ensure that Chloe will be able to repay the loan she owes him/her. Option B is the only option that mentions loan repayment thus that would fit as the right answer.

when you are about to cross an uncontrolled intersection two way street first look?

Answers

Answer:

You look left first ._.

Explanation:

Answer:

Look left first.

Explanation:

The sequence of looking is left-right-left.

Which of these is an example of a trade restriction?
A. A tax on all sales
B. A law against cartels
C. A zoning ordinance
D. A tariff on imported cars​

Answers

Answer:

A tariff on imported cars

Explanation:

Answer:

D. A tariff on imported cars​

Explanation:

Fixed assets.

A a building is one example.

B spreading costs over time

Answers

Answer:

A a building is one example

Explanation:

Assets are items that have value and is used by a business to generate profit.

There are two types of assets: the current assets and fixed assets.

Current assets are those that can be used or consumed within a year. They include cash, accounts receivable, marketable securities, and prepaid expenses.

Fixed assets are assets that are used by a business for a long period of time.

They can be tangible such as buildings, equipment, and land.

They can also be intangible for example copyright, patents, and trademarks.

In this instance a building is an example of a fixed asset.

A a building is one example!

Which of the following is NOT true about bonds? (Select all that apply) A: The maturity value of a bond is the initial investment plus interest. B: Bonds have regularly scheduled interest payments. C: You cannot lose your money when purchasing a bond. D: The higher the default risk of a bond, the higher its coupon rate. E: Bonds are more stable investment than stocks. F: Corporate bonds have lower risk of default than government bonds

Answers

Answer:

A. The maturity value of a bond is the initial investment plus interest

C. You cannot loose your money when purchasing bond.

Explanation:

Bond is a fixed income security which which is otherwise a loan to a company or government that pays back a fixed rate of return. Bonds are usually lent by investors to borrowers and also traded through brokers. Bonds are mostly used by companies or corporations to grow their businesses, finance and execute projects ; states and independent governments to finance infrastructures, operations and certain projects.

With regards to the above, the odd is that the maturity value of a bond is the initial investment plus interest. For some investments like fixed deposits/certificate of deposits and other investments, their interest plus principal are paid at maturity, unlike bonds that have regularly scheduled interest payments hence for most bonds, the maturity value is the face amount of the bond.

Another odd option is that you cannot loose your money when purchasing bond. This is not true because one can loose money if the bond is sold at an amount lesser than what one paid or the issuer defaults on their payments.

When it comes to bonds, the things that are not true include:

C: You cannot lose your money when purchasing a bond. F: Corporate bonds have lower risk of default than government bonds

Why are the above not true?

Bonds are lower in terms of riskiness when compared to stocks but they are not completely risk free. One can still lose their money on them.

Corporate bonds are also known to have a higher risk of default than government bonds because government bonds are backed by the government.

Find out more on bonds at https://brainly.com/question/2516675.

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