Which of the following BEST summarizes the idea represented by this graph?

Which Of The Following BEST Summarizes The Idea Represented By This Graph?

Answers

Answer 1

Answer:

answer is b

Explanation:

Answer 2

The best summary of the idea represented by the graph is that lowering tax rates can actually lead to an increase in tax revenue.

The concept that lowering tax rates can lead to an increase in tax revenue is often associated with the theory of supply-side economics.

This theory argues that when tax rates, especially on businesses and high-income individuals, are reduced, it can stimulate economic growth and, in turn, result in higher tax revenue for the government.

Here's how this theory works:

Incentive to Work and Invest: Lower tax rates can provide individuals and businesses with greater incentives to work, invest, and engage in economic activities.

When tax burdens are reduced, people may be more motivated to work harder, start new businesses, or invest in existing ones.

Economic Growth: The theory suggests that as economic activity increases, businesses grow, and more people find employment, the overall economy expands.

This growth can lead to increased incomes, more taxable transactions, and a broader tax base.

Higher Tax Revenue: While tax rates are lower, the larger economic pie generates more tax revenue, which can offset the initial reduction in tax rates.

This phenomenon is often referred to as the "Laffer Curve," which illustrates the idea that there is an optimal tax rate that maximizes government revenue.

It's important to note that the effectiveness of this theory is a subject of ongoing debate.

The extent to which lower tax rates can lead to increased revenue depends on a variety of factors, including the specific tax cuts, the existing tax structure, and the overall economic conditions.

Critics argue that tax cuts may disproportionately benefit the wealthy and result in budget deficits, while proponents maintain that well-designed tax policies can stimulate economic growth and ultimately benefit all income groups.

Ultimately, the impact of lowering tax rates on tax revenue is a complex issue influenced by numerous economic and policy variable.

For such a more question on tax

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Related Questions

Which of the following has the highest elevation in the Middle East and North Africa?
O A.
Mt. Sinai
Mt Demavend
OC. the Atlas Mountains
OD. the Elburz Mountains​

Answers

Answer:

C. The Atlas Mountains have the highest elevation in the Middle East and North Africa.

The Atlas Mountain's elevation is 13,671 ft.

Which leader placed a special importance of African Americans taking pride in their African heritage

Answers

Answer:

Marcus Garvey

Explanation:

Marcus Garvey placed a special importance of African Americans taking pride in their African heritage.

Answer:

The answer is: Marcus Mosiah Garvey.

Explanation:

Marcus Mosiah Garvey was a Jamaican preacher, journalist and businessman, founder of the Universal Association for the Improvement of Black Man (UNIA), whose motto was "One God, One Aim, One Destiny".

During his conference tours he advocated the return of former black slaves to Africa.

The answer is: Marcus Mosiah Garvey.

The population of the United States has shifted
A.South and West.
B.South.
C.from cities to rural areas.
D.to states with fewer minorites

Answers

I am probably wrong but C makes the most sense to me
C makes the most sense so I’m pretty sure it’s C

Match the impact of economic globalization on different people.
labor
businesses
consumers
wider choice of products
increased job opportunities
increased competition
Reset
Next

Answers

Answer:

labor             increased job opportunities  

businesses   increased competition

consumers    wider choice of products

Explanation: the only thing that we can do is to get accustomed to globalization and try to be open minded.

Answer:

labor >  increased job opportunities

businesses > increased competition

consumers > wider choice of products

Explanation:

Globalization is an economic and cultural phenomenon that has transformed the relations of production and labor.

Globalization has opened new possibilities for business and products, increasing the possibility of corporate profits and employability for people. Globalization has allowed companies to export their production chain to countries where labor is cheaper, increasing the competitiveness of firms. As a result, products have been cheaper and consumers have had access to a greater quantity of products offered to choose from.

before the 1800s, how were most goods produced?

Answers

Answer:

Most things before the 1800s (when wide industry became a thing) were produced by hand tools and basic machines. Almost anything that was bought before the 1800s was hand made.

Explanation:

Which of the following best describes how the Articles of Confederation divided government power?

Answers

Answer:

A) As a one-branch federal government with three basic powers.

Explanation:

My friend took this quiz a while ago, so I don't even need to see the questions, but if you ask a question again, please make sure to add the questions in so people can accurately answer as well.

Why did the United States acquire the Oregon Territory through a treaty and the Mexican Cession through war?

Answers

Explanation:

  Along with territorial disputes with Spain and Mexico over the Southwest, the fate of the Oregon Territory was one of the major diplomatic issues of the first half of the 19th century.

Landscape in Oregon Country (Charles Marion Russell)

The territory became a focus of those who believed that it was the United States’ obligation and right to extend its rule and liberties across the North American continent. The Oregon Territory stretched from the Pacific coast to the Rocky Mountains, encompassing the area including present-day Oregon, Washington, and most of British Columbia.

Originally Spain, Great Britain, Russia, and the United States claimed the territory. In 1819, under terms of the Transcontinental Treaty, Spain ceded its claims to the territory to the United States. Shortly thereafter the United States contested a unilateral Russian move to grant its citizens a fishing, whaling, and commercial monopoly from the Bering Straits to the 51st parallel. In 1823 President Monroe promulgated his doctrine, which put Russia on notice that the United States did not accept Russian attempts at monopoly. The U.S. claim was based on the explorations of Lewis and Clark and on the establishment of trading posts set up by John Jacob Astor’s Pacific Fur Company, such as Astoria at the mouth of the Columbia River. Great Britain based its claim, in part, on James Cook’s exploration of the Columbia River.

John Jacob Astor

As early as 1818 British and American Commissioners had fixed the border between the United States and Canada at the 49th parallel from the Lake of the Woods (Minnesota Territory) west to the Rocky Mountains. The United States had proposed to extend the border along the same parallel to the Pacific Ocean, but Great Britain insisted that the northern border be drawn west to the Columbia River and then follow that river to the ocean. Neither side then budged, but they did agree to postpone the decision for 10 years. In 1827 Washington and London agreed to postpone the issue indefinitely subject to one year’s notice by either party. There the matter remained until the Webster-Ashburton Treaty of 1842 partially delineated the northeastern U.S.-Canada border, but left the border of the Oregon Territory unsettled.

By 1843, increased American immigration on the Oregon Trail to the Territory made the border issue a burning one in Congress, where jingoists raised the slogan of “54 degrees 40 minutes or fight.” President James Polk, a supporter of Manifest Destiny with an eye also on the Mexican Southwest and California, was eager to settle the boundary of the Oregon Territory and proposed a settlement on the 49 degree line to Great Britain. British Minister to Washington, Richard Pakenham, and Secretary of State James Buchanan, supported and encouraged by British Foreign Secretary Lord Aberdeen and Senator John C. Calhoun of South Carolina, worked out a compromise. With some minor modifications, which reserved the whole of Vancouver Island to Canada, Great Britain agreed to Polk’s suggestion. The Senate ratified the treaty by a vote of 41-14 on June 18, 1846. A later controversy over the precise boundaries in the Juan de Fuca Strait was resolved by international arbitration in favor of the United States.

When you are not given a specific task, you should use your time to chat.


Please select the best answer from the choices provided

T
F

Answers

Answer:

False        

Explanation:

I took the unit test review

CIAA is established as constitutional organ to check corruption but corruption is still increasing day by day instead of decreasing. Why?

Answers

Answer:

They have no power to took down the one that truly responsible

Explanation:

The corruption that occurs often time involved very powerful people on the upper echelon of the government seat.

The CIAA can only handle the people on the lower level. Their investigations tend to be stopped/blocked every time they got near the criminals on the upper level.

Answer:

Yes,the above statement happens to be true because,in present scenario,the corruption is not reducing and is beyond control because the corruption has reached its highest point,many government organisations also keep a check but nothing seems to work in our country.In this situation only we can help ourselves by being alert all the time and recording any suspicious activity.Asking for bills.Not giving extra money for unreasonable.

Hope its helpful :-)

What quantity of carbon dioxide was in the atmosphere in 1980

Answers

Answer:

371 ppm is the quantity of carbon dioxide that was in the atmosphere in 1980. Atmospheric carbon dioxide concentrations in parts per million (ppm) was 371 in 1980. However, this has increased over the years due to human activities such as burning of fuels which release carbon dioxide into the atmosphere.

Explanation:

Do you believe kinship relationships still have significance in contemporary America?

Answers

No I do not believe that

How is information technology connected with globalisation?would globalisation have been possible without expansions of information technology?​

Answers

Answer:

Explanation:

I have three or four people on my contacts that are from China.

I have a couple more from England and

Two or three from Australia.

I have 2 from New Zealand and that if something I'm sure I would never have found without the internet.

I have about 20 from the United States.

I will never meet any of these people ever, but we have had a good many exchanges, some of them very heated and interesting. No malice. Just good discussions.

Globalization was inevitable, I think. I was around before the internet and we made contact by snail mail. It was very cumbersome,  but it was doable. I  found the Royal Canadian Postal Service to be most efficient.  I met my wife that way so I can hardly complain.  We did, by the way, meet in person.

is there a Greek god or goddess of greed? is there a Greek god or goddess of food?

Answers

Answer: Yes, He is a lesser god named Plutus.

He is the son of the Goddess Demeter and a Fellow by the name of lasion.

He is the God of abundance and wealth.

What were two likely reasons that clan chiefs opposed Buddhism when it was introduced in Japan?

Answers

Final answer:

Clan chiefs in Japan likely opposed the introduction of Buddhism because they perceived it as a threat to their traditional religious authority and as a challenge to their political power by rival clans.

Explanation:

The introduction of Buddhism faced opposition from clan chiefs in Japan for a couple of likely reasons. Firstly, these chiefs had their religious traditions and deities which were deeply tied to their political authority and social structure. The clan chiefs, such as members of the Nakatomi and Mononobe clans, revered spirits and kami deeply intertwined with the indigenous Shintoism.

The introduction of Buddhism threatened to undermine the traditional beliefs and the authority that came with them. Additionally, the Soga clan's support of Buddhism was seen as part of a power struggle, causing the other clans to resist what they perceived as an attempt at centralizing power which could diminish their influence. Thus, the clans were likely concerned about both maintaining their religious traditions and their political power.

Which example depicts the adaptation of an intertidal organism to the force of crashing waves and strong currents?

Answers

Answer:

agent that results in accelerating or deforming an object

Answer: Mussels grow byssal threads that they attach to hard surfaces

Explanation:

Dealta-9-tetrahydrocannabinol (THC) is __________ major psychoactive constituent.
Marijuana's
Speed's
LSD's
Cocaine's

Answers

I believe the answer is Marijuana’s
your answer is A. Marijuana

How a society answers the key economic questions primarily depends on A how many resources it has available. B a society's goals and values. C the under utilization of resources. D how it combines factors of production.

Answers

Hello There!

The answer would be “B”

A society goals and values

How long was it from the time African American men were given the right to vote until women were given the right to vote?

Answers

Answer:

It took 50 and 1/2 years.

Explanation:

African American men were granted the right to vote on February 3, 1870 due to the ratification of the 15th amendment. Women were not allowed to vote until August 18, 1920; so it took about 50 and 1/2 years.

Answer:

Its 50 years got it right on the test

Explanation:

Hope this helps :)

75 POINTS! PLEASE HELP ME!

Imagine that you are a reporter for your hometown paper during the Civil War. You are writing about any one of the major battles of the Civil War. In two to three paragraphs, explain what strategies the commanders are using, who wins the battle, and why.

please don't copy and paste the answer from the other question just like this on this site.

Answers

Answer:

if I win money for the battle I would how people need build their homes back up where they need it give them food and I won't tease them for how they look but if I didn't win the battle for the money I would still how people who need me the Civil War or anywhere in the world that who's that is that is where I am

These vital resources are found in abundance in North Korea but not in South Korea or Japan.

Answers

Answer:

Explanation:

Mostly mining products. North Korea is a source for some rare earths and its industrial base doesn't need them at this time so they are exports (mainly happily received by China).

Iron is more common and there is enough there that it can be an export. Zinc is pretty common too. Zinc can go hand in hand with iron ore.  North Korea exports 6 billion tons of Magnesite which is a huge amount. Tungsten is also on its list of exports.

Generally speaking North Korea has minerals and some agricultural products and South Korea does the manufacturing.

97 points


What types of changes have been made in the United States to help protect people from earthquakes?


a. Communities are no longer located along fault lines.


b. Building codes ensure that structures can withstand shaking.


c. Warnings go off when an earthquake is expected, and people evacuate the area.


d. Barriers have been built to prevent flooding by a tsunami.

Answers

Answer: c

Explanation:

The answer is C. Hope I could help! :)

Radio telescopes are best to use when_____.

Answers

Answer:

detecting stars that are behind nebulae that would normally block out other stars

Explanation:

Radio  waves have large frequencies unlike the other waves of the electromagnetic spectrum. Due to their large wavelength, they are much larger than the size of an atom hence cannot be blocked or deflected by atomic nuclei. This is unlike gamma rays (and other short wavelength electromagnetic radiation) that are smaller than atoms and easily blocked and deflected by atomic nuclei. Such radiations are extremely attenuated when they pass the through nebula cloud. Radio waves hence overcome this challenge.

Answer:

in the radio region of electromagnetic spectrum.

Drag each title into the box where it belongs

Answers

Answer:

Explanation:

causes of recession

loss of jobs for workersfalling demand for products

causes of recovery

increased hiring by employersrising demand for products

Preachers who were part of the great awakening urged people to

Answers

Final answer:

During the Second Great Awakening, preachers like Charles Finney urged people to seek personal spiritual renewal and engage in societal reforms. They emphasized the ability of individuals to achieve salvation through free will and supported movements such as abolition and women's rights. The movement had a lasting impact on early American societal and cultural values.

Explanation:

The Great Awakening and Social Reform

During the Second Great Awakening, preachers inspired individuals to seek personal spiritual renewal and societal reform. Charles Finney, a notable figure of this movement, organized detailed revival meetings which focused on personal conversion and community transformation. These gatherings often involved individuals becoming emotionally engaged in intense, theatrical preaching. Finney, in particular, was known for his innovative methods, such as calling sinners to the 'anxious bench' for prayer and confession, and he advocated for social reforms such as abolition, temperance, and women's rights.

The key message of the Second Great Awakening was that humanity could better itself through religion and reform. This message resonated widely, fostering a wave of activism aimed at achieving perfection in oneself and the world. It also supported movements for the temperance, abolition of slavery, women's rights, and education. As a part of this revival, preachers encouraged individuals to seek spiritual salvation and assist in the regeneration of society, promoting the idea that salvation was available to all through free will.

Ultimately, the success of denominations like the Methodist and Baptist churches during this period can be attributed to their appeals to common people and their belief in personal responsibility and the potential for individual spiritual rebirth. The Great Awakening, therefore, played a significant role in shaping early American society, not just spiritually but also in terms of social and cultural values.

Governments can exist for many reasons. In your opinion, which answers describe the most important roles of government?

Answers

Answer:

In my opinion, Major functions of modern government include (1) foreign diplomacy, (2) military defense, (3) maintenance of domestic order, (4) administration of justice, (5) protection of civil liberties, (6) provision for and regulation of the conduct of periodic elections, (7) provision for public goods and services, (8) promotion ...

Explanation:

I gave some answers maybe you could describe them with those

is it okay?

Answer:

to promote equality

to protect the safety of citizens

to guarantee and defend human rights

to help citizens live comfortably

Explanation:

what is the theory of production in economics?

Answers

Answer:

Theory of production, in economics, an effort to explain the principles by which a business firm decides how much of each commodity that it sells (its “outputs” or “products”) it will produce, and how much of each kind of labour, raw material, fixed capital good, etc., that it employs (its “inputs” or “factors of production”) it will use.

Final answer:

The theory of production in economics examines how factors of production relate to the output of goods and services. It's pivotal in understanding the changes in output in relation to variations in inputs over short and long periods.

Explanation:

The theory of production in economics explores the relationship between the factors of production, which include land, labor, capital, and entrepreneurship, and the resulting output of goods and services. This theory operates within two primary time frames. The short run is a period during which production can adjust the amount of variable input, typically labor, while keeping other inputs constant. The long run, on the other hand, is a duration that allows producers to alter all inputs to find the optimal combination for production. An important element of the theory of production is the Law of Variable Proportions, which demonstrates how variations in a single input affect overall output.

Match the word to an antonym.

1. hate
evil
2. good
knowledge
3. sad
short
4. sunset
love
5. courteous
gigantic
6. minuscule
dawn
7. long
wise
8. imprudent
happy
9. cowardice
rude

Answers

hate —> love
good—>evil
sad—>happy
sunset—>dawn
courteous—> rude
minuscule—>gigantic
long. short
imprudent. wise
cowardice. knowledge

who must yield at T-intersections?

Answers

The person who has to turn left or right. They must yield to crossing traffic.

Answer:

The answer to the question: Who must yield at T- intersections, would be: Those who are entering from the finishing road into the main road that forms the horizontal part of the T. Therefore, those who are entering from the intersection into the main road traffic must yield to the cars on the cross street.

Explanation:

Usually, or in general, T intersections on major highways should have either YIELD, or STOP signs at the very mouth of the intersection with the cross street to let drivers know that it is they who must yield the right-of-way, to those on the cross street. However, when that is not the case, drivers should know that cars who approach the intersecting road towards the cross road, must yield to those on the cross road, always.

What characterizes a post industrial society

Answers

Answer:

post-industrial society is a stage in a society's development during which the economy transitions from one that primarily provides goods to one that primarily provides services. ... Information, services, and advanced technology are more important in post-industrial societies than manufacturing tangible goods

Answer:there is a complete automation of agricultural and industrial activities.

Explanation: Plato

the american government was concerned about the assimilation of native American peoples. a. segregation from culture b. mixing into a culture c. complete annihilation d. population decline




doing test rn HELP!!!!!!​

Answers

Answer:

I believe it's B. Mixing into a culture.

Explanation:

Hope my answer has helped you!

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