Ta-pei Han's taxable income last year was $73,840. His state's income tax rate is 4. 7 % of taxab le income. The city in which he works also applies an income tax of 2 % on taxable income earned in the city. What total state and city income taxes did Ta-pei pay last year?

Crowding out results in a decrease in:

A) defense spending

B) private spending

C) Government spending

D) transfer payments

Is increasing taxes an example of contractionary fiscal policy?

Which one of the following statements related to taxes is correct?

A. The marginal tax rate must be equal to or lower than the average tax rate for a firm.
B. The tax for a firm is computed by multiplying the firm's current marginal tax rate times the taxable income.
C. Additional income is taxed at a firm's average tax rate.
D. Given the corporate tax structure in 2012, the highest marginal tax rate is equal to the highest average tax rate.
E. The marginal tax rate for a firm can be either higher than or the same as the average tax rate.

What is the marginal tax rate in Waxwania? The average tax rate? Which of the following describes the tax system: proportional, progressive, or regressive?

What is the average tax rate? What is the marginal tax rate?

The tax base for each of the following tax proposals is income. Calculate the marginal tax rate for each level of income in each case. Then compute the percentage of income paid in taxes for a person with a pre-tax income of $5,000 and for a person with a pre-tax income of$40,000$. Determine whether the tax is proportional, progressive, or regressive. (Hint: The marginal tax rate can be calculated as a percentage of an additional$ $1$ in income that is taxed away.) a. All income is taxed at a rate of 20%. b. All income is tax-free up to $10,000. All income over$10,000 is taxed at a flat rate of 20%. c. All income between $\$ 0$ and $\$ 10,000$ is taxed at a rate of 10%. All income between $10,000 and 20,000 dollars is taxed at a rate of 20$ $20,000 is taxed at a rate of 30%. d. Every individual who earns more than$10,000 pays a $10,000 lump-sum tax. If an individual's income is less than$10,000, he or she pays no taxes on that income. e. Which of the four tax policies is most likely to cause the most incentive problems? Explain.

The table below refers to seven industries. For each industry, identify one important risk faced by the companies that compete within that industry. Also, describe one control that companies could use to reduce the risk that you have identified. $$ \begin{matrix} \text{Industry} & \text{Type of Risk} & \text{Control to Reduce the Risk}\\ \text{1. Airlines (e.g., Delta Airlines)...}\\ \text{2. Pharmaceutical drugs (e.g., Merck)...}\\ \text{3. Package delivery (e.g., United Parcel Service)...}\\ \text{4. Banking (e.g., Bank of America)...}\\ \text{5. Oil & gas (e.g., ExxonMobil)...}\\ \text{6. E-commerce (e.g., eBay)...}\\ \text{7. Automotive (e.g., Toyota)...}\\ \end{matrix} $$

The table below refers to seven industries.

	Industry	Type of Risk	Control to Reduce the Risk
1.	Airlines (e.g., Delta Airlines)
2.	Pharmaceutical drugs (e.g., Merck)
3.	Package delivery (e.g., United Parcel Service)
4.	Banking (e.g., Bank of America)
5.	Oil & gas (e.g., Exxon Mobil)
6.	E-commerce (e.g., eBay)
7.	Automotive (e.g., Toyota)

Required:

For each industry, identify one important risk faced by the companies that compete within that industry. Also, describe one control that companies could use to reduce the risk that you have identified.

An LF157A is
a. Diff amp
b. Source follower
c. Bipolar op amp
d. BEFIT op amp

A friend sees an ad that would allow him to rent a large screen TV for $20 a week, for 152 weeks. At the end of the renta l period, he would own the TV. He could buy the same TV at the store for$2,000 . He thinks the rent-to-own price is a good buy. You don't . What are two comparisons between renting and buying the TV that you can make to support your position?

Molly O'hara's gross pay in the second week of January was $1,120.

Suroyo Wahyudi deposited$3,500 in a mone y market acco unt that pays interest compounded quarterly. For the first 3 months, the account paid 4.3 % annual interest. For the next 3 months, an annual interest rate of 4 % was paid. What total interest did Suroyo earn for the six months?

Use the tax computation worksheet for a single taxpayer to answer the question. Section A - Use if your filing status is single. Complete the row below that applies to you.

$$\begin{array}{l} \text{ } & \text{(a) } & \text{(b)} & \text{(c)} & \text{(d)} & \text{Tax}\\ \text{Taxable income} & \text{Enter the amount} & \text{Multiplication } & \text{Multiply} & \text{Subtraction} & \text{Subtract (d) from (c).}\\ \text{If line 43 is $-$} & \text{from line 43} & \text{amount} & \text{(a) by $(b)$} & \text{amount} & \text{Enter the result here and}\\ \text{ } & \text{ } & \text{ } & \text{ } & \text{ } & \text{on Form $1040,$ line 44}\\ \hline \text{At teast $\$ 100,000$ but} & \text{ } & \text{ } & \text{ } & \text{ } & \text{ }\\ \text{not over $\$ 164,550$} & \text{\$} & \text{$\times 28 \\\%(.28)$} & \text{\$} & \text{\$ 6,021.75} & \text{\$}\\ \hline \text{Over $\$ 164,550$ but} & \text{ } & \text{ } & \text{ } & \text{ } & \text{ }\\ \text{not over $\$ 357,700$} & \text{\$} & \text{$\times 33 \\\%(.33)$} & \text{\$} & \text{\$ 14,249.25} & \text{\$}\\ \hline \text{Over $\$ 357,700$} & \text{\$} & \text{$\times 35 \\\%(.35)$} & \text{\$} & \text{\$ 21,403.25} & \text{\$}\\ \hline \end{array}$$

Calculate the tax for each of the taxable incomes using the tax computation worksheet above. a. $189,000 b.$115,221 c. $372,951

A dial-up Internet connection gives a true speed of 35 kbps. A file you wish to download from the Internet is 650 KB in size. How many seconds, rounded to the nearest tenth of a second, will it take to download the file?