Which is the tax that takes away a higher proportion of one’s income as the income rises? -General Knowledge

Which is the tax that takes away a higher proportion of one’s income as the income rises? -General Knowledge
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Which is the tax that takes away a higher proportion of one’s income as the income rises? -General Knowledge

Description : Which is the tax that takes away a higher proportion of one’s income as the income rises? -General Knowledge

Last Answer : The answer is 'Progressive tax'

Which is the tax that takes away a higher proportion of one’s income as the income rises? -General Knowledge

Description : Which is the tax that takes away a higher proportion of one’s income as the income rises? -General Knowledge

Last Answer : answer:

Under progressive taxation, the real value of tax on a given level of real income : (a) decreases under inflation (b) rises under depression (c) rises under inflation (d) remains unchanged under inflation

Description : Under progressive taxation, the real value of tax on a given level of real income : (a) decreases under inflation (b) rises under depression (c) rises under inflation (d) remains unchanged under inflation

Last Answer : (c) rises under inflation

When income increase, consumption also increases : (1) in a lower proportion (2) in a higher proportion (3) in the same proportion (4) None of the options

Description : When income increase, consumption also increases : (1) in a lower proportion (2) in a higher proportion (3) in the same proportion (4) None of the options

Last Answer : (1) in a lower proportion Explanation: According to the Keynesian Consumption theory, "men are disposed, as a rule and on average, to increase their consumption as their income increases, but ... consume decreases, i.e., house-holds spend a decreasing proportion of marginal income on consumption.

When income increase, consumption also increases : (1) in a lower proportion (2) in a higher proportion (3) in the same proportion (4) None of the options

Description : When income increase, consumption also increases : (1) in a lower proportion (2) in a higher proportion (3) in the same proportion (4) None of the options

Last Answer : in a lower proportion

What is the highest income tax percentage that can be taken out of one's paycheck?

Description : What is the highest income tax percentage that can be taken out of one's paycheck?

Last Answer : In the year 2012, the highest income tax rate percentage for the United States is 35%. This is for someone who makes over $388,000 per year. On the other end of the spectrum, someone who makes less than $8,700 per year has a rate of 10%.

What type of tax takes a larger percentage of wealthier taxpayers' income and a smaller percentage of the income of those who earn less?

Description : What type of tax takes a larger percentage of wealthier taxpayers' income and a smaller percentage of the income of those who earn less?

Last Answer : Need answer

What happens when your airplane takes off from an airstrip on the ground and rises 30000 feet into the sky what happens to the air pressure on the outside of the airplane?

Description : What happens when your airplane takes off from an airstrip on the ground and rises 30000 feet into the sky what happens to the air pressure on the outside of the airplane?

Last Answer : Atmospheric pressure is caused by the weight of air above the measurement point. At 30,000 feet in the sky, the air pressure on the outside of the airplane will be much lower than it was nearer the ground.

If the tax rate increases with the higher level of income, it shall be called - (1) Proportional tax (2) Progressive tax (3) Lump sum tax (4) Regressive tax

Description : If the tax rate increases with the higher level of income, it shall be called - (1) Proportional tax (2) Progressive tax (3) Lump sum tax (4) Regressive tax

Last Answer : (2) Progressive tax Explanation: A progressive tax is a tax by which the tax rate increases as the taxable base amount increases." Progressive" describes a distribution effect on income or expenditure, ... -to-pay, as they shift the incidence increasingly to those with a higher ability-to-pay.

Section 80E of the Income Tax Act provides for deduction of interest paid on Education or study loan taken for higher education. Deduction under section 80E is available for _____ A. 2 years B. 4 years C. 8 years E. 10 years

Description : Section 80E of the Income Tax Act provides for deduction of interest paid on Education or study loan taken for higher education. Deduction under section 80E is available for _____ A. 2 years B. 4 years C. 8 years E. 10 years

Last Answer : C. 8 years Explanation: An education loan can not only fund your higher studies but also help save tax. The interest paid on the education loan can be claimed as deduction, as per Section 80E of ... and is available up to eight years, or until the payment of interest in full, whichever is earlier.

If the tax rate increases with the higher level of income, it shall be called (1) Proportional tax (2) Progressive tax (3) Lump sum tax (4) Regressive tax

Description : If the tax rate increases with the higher level of income, it shall be called (1) Proportional tax (2) Progressive tax (3) Lump sum tax (4) Regressive tax

Last Answer : Progressive tax

The sun rises in Arunachal Pradesh two hours before it does in Dwaraka in Gujarat. This is because the former is (a) higher in elevation than Dwaraka (b) situated further north than Dwaraka (c) situated further east (about 30º longitude) than Dwaraka (d) situated about 30 º east of Dwaraka and the earth rotates from west to east

Description : The sun rises in Arunachal Pradesh two hours before it does in Dwaraka in Gujarat. This is because the former is (a) higher in elevation than Dwaraka (b) situated further north than Dwaraka (c) situated ... than Dwaraka (d) situated about 30 º east of Dwaraka and the earth rotates from west to east

Last Answer : Ans: (d)

The lift of a balloon is (A) Increased, as it rises to a higher altitude (B) Due to the weight of the atmospheric air, that it displaces (C) Not dependent on the temperature of the atmosphere (D) None of these

Description : The lift of a balloon is (A) Increased, as it rises to a higher altitude (B) Due to the weight of the atmospheric air, that it displaces (C) Not dependent on the temperature of the atmosphere (D) None of these

Last Answer : (B) Due to the weight of the atmospheric air, that it displaces

Pick out the wrong statement. (A) Biological oxygen demand (B.O.D.) value of a sewerage sample is always lower than its chemical oxygen demand (C.O.D.) value (B) Environmental pollution by NOx emission is much higher by four stroke petrol engines as compared to the two stroke engines (C) Temperature in stratosphere rises with increasing altitude (D) The characteristic of a green house body is that it allows the long wavelength incoming solar radiation to come in but does not allow the short wavelength infra red radiation to escape out of the earth's atmosphere

Description : Pick out the wrong statement. (A) Biological oxygen demand (B.O.D.) value of a sewerage sample is always lower than its chemical oxygen demand (C.O.D.) value (B) Environmental pollution by ... in but does not allow the short wavelength infra red radiation to escape out of the earth's atmosphere

Last Answer : (D) The characteristic of a green house body is that it allows the long wavelength incoming solar radiation to come in but does not allow the short wavelength infra red radiation to escape out of the earth's atmosphere

the fluid flow rate increases, the float of the Rotameter (A) Rises in the tube (B) Rotates at higher speed (C) Rotates at lower speed (D) Drops down in the tube

Description : the fluid flow rate increases, the float of the Rotameter (A) Rises in the tube (B) Rotates at higher speed (C) Rotates at lower speed (D) Drops down in the tube

Last Answer : Option A

Higher rate of lipogenesis is associated with (A) High proportion of carbohydrate in diet (B) Restricted caloric intake (C) High fat diet (D) Deficiency of insulin

Description : Higher rate of lipogenesis is associated with (A) High proportion of carbohydrate in diet (B) Restricted caloric intake (C) High fat diet (D) Deficiency of insulin

Last Answer : Answer : A

[75] Two transformers are connected in parallel. These transformers do not have equal percentage impedance which results A. Short-circuiting of the secondaries B. Power factor of one of the transformers is leading while that of the other lagging C. Transformers having higher copper losses will have negligible core losses D. Loading of the transformers not in proportion to their kVA ratings.

Description : [75] Two transformers are connected in parallel. These transformers do not have equal percentage impedance which results A. Short-circuiting of the secondaries B. Power factor of one of the ... have negligible core losses D. Loading of the transformers not in proportion to their kVA ratings.

Last Answer : D. Loading of the transformers not in proportion to their kVA ratings

Provided that the ACT is reasonably normally distributed with a mean of 18 and standard deviation of 6, determine the proportion of students with a 33 or higher. a. 0.0062 b. 0.0109 c. 0.0124 d. 0.0217

Description : Provided that the ACT is reasonably normally distributed with a mean of 18 and standard deviation of 6, determine the proportion of students with a 33 or higher. a. 0.0062 b. 0.0109 c. 0.0124 d. 0.0217

Last Answer : a. 0.0062

Over short period, when income rises, average propensity to consume usually - (1) rises (2) falls (3) remains constant (4) fluctuates

Description : Over short period, when income rises, average propensity to consume usually - (1) rises (2) falls (3) remains constant (4) fluctuates

Last Answer : (2) falls Explanation: Keynes postulated that aggregate consumption is a function of aggregate current disposable income. The Keynesian consumption function is written as: C = a + eY a > 0, 0 < c < 1; ... the disposal in-come. So as income increases, average propensity to consume (APC = C/Y) falls.

For an inferior good, demand falls when - (1) price rises (2) income rise (3) price falls (4) income falls

Description : For an inferior good, demand falls when - (1) price rises (2) income rise (3) price falls (4) income falls

Last Answer : (2) income rise Explanation: In economics, income elasticity of demand measures the responsiveness of the demand for a good to a change in the income of the people demanding the good. ... opposite is observed. Normal goods are those for which consumers' demand increases when their income increases.

What will be the effect on inferior commodities when income of the consumer rises? (1) Negative effect (2) Positive effect (3) No effect (4) First increase then decrease

Description : What will be the effect on inferior commodities when income of the consumer rises? (1) Negative effect (2) Positive effect (3) No effect (4) First increase then decrease

Last Answer : (1) Negative effect Explanation: In economics, an inferior good is a good that decreases in demand when consumer income rises (or rises in demand when consumer income decreases), unlike ... consumers' demand increases when their income increases. Cheaper cars are examples of the inferior goods.

If both the disposal income as well as number of suppliers of a product rises, the equilibrium (a) Price remain same ; (b) Price will go up ; (c) Quantity will go up ; (d) Quantity will go down

Description : If both the disposal income as well as number of suppliers of a product rises, the equilibrium (a) Price remain same ; (b) Price will go up ; (c) Quantity will go up ; (d) Quantity will go down

Last Answer : (c) Quantity will go up ;

What will be the effect on inferior commodities when income of the consumer rises? (1) Negative effect (2) Positive effect (3) No effect (4) First increase then decrease

Description :  What will be the effect on inferior commodities when income of the consumer rises? (1) Negative effect (2) Positive effect (3) No effect (4) First increase then decrease

Last Answer : Negative effect

Over short period, when income rises, average propensity to consume usually (1) rises (2) falls (3) remains constant (4) fluctuates

Description : Over short period, when income rises, average propensity to consume usually (1) rises (2) falls (3) remains constant (4) fluctuates

Last Answer : falls

For an inferior good, demand falls when (1) price rises (2) income rise (3) price falls (4) income falls

Description : For an inferior good, demand falls when (1) price rises (2) income rise (3) price falls (4) income falls

Last Answer : income rise

Which law states that with constant taste and preferences, the proportion of income spend on food stuff diminishes as income increases? (1) Say's Law (2) Griffin's Law (3) Gresham's Law (4) Engel's Law

Description : Which law states that with constant taste and preferences, the proportion of income spend on food stuff diminishes as income increases? (1) Say's Law (2) Griffin's Law (3) Gresham's Law (4) Engel's Law

Last Answer : (4) Engel's Law Explanation: According to Engel's Law, as disposable income of a consumer increases, the percentage of income spent for food decreases if all other factors remain constant. This ... demand of food is less than 1. A lower Engel coefficient indicates a higher standard of living.

What is "mpc"• or the 'marginal propensity to consume'? a) the proportion of total additional planned savings to total additional income b) the proportion of total additional income to total additional planned savings c) the fraction of total additional income that is used for consumption d) none of the above

Description : What is "mpc" or the 'marginal propensity to consume'? a) the proportion of total additional planned savings to total additional income b) the proportion of total additional income to total additional ... c) the fraction of total additional income that is used for consumption d) none of the above

Last Answer : : c) the fraction of total additional income that is used for consumption

What is "mps"• or the 'marginal propensity to save'? a) the proportion of total additional planned savings to total additional income b) the proportion of total additional income to total additional planned savings c) the fraction of total additional income that is used for consumption d) none of the above

Description : What is "mps" or the 'marginal propensity to save'? a) the proportion of total additional planned savings to total additional income b) the proportion of total additional income to total additional ... c) the fraction of total additional income that is used for consumption d) none of the above

Last Answer : a) the proportion of total additional planned savings to total additional incom

An underdeveloped economy is characterized by A. High per capita real income B. Large proportion of labor force in the tertiary sector C. State of deprivation of large proportion of population D. All the above

Description : An underdeveloped economy is characterized by A. High per capita real income B. Large proportion of labor force in the tertiary sector C. State of deprivation of large proportion of population D. All the above

Last Answer : C. State of deprivation of large proportion of population

An underdeveloped economy is characterized by A. High per capita real income B. Large proportion of labor force in the tertiary sector C. State of deprivation of large proportion of population D. All the above

Description : An underdeveloped economy is characterized by A. High per capita real income B. Large proportion of labor force in the tertiary sector C. State of deprivation of large proportion of population D. All the above

Last Answer : C. State of deprivation of large proportion of population

Which law states that with constant taste and preferences, the proportion of income spend on food stuff diminishes as income increases? (1) Say’s Law (2) Griffin’s Law (3) Gresham’s Law (4) Engel’s Law

Description : Which law states that with constant taste and preferences, the proportion of income spend on food stuff diminishes as income increases? (1) Say’s Law (2) Griffin’s Law (3) Gresham’s Law (4) Engel’s Law

Last Answer : Engel’s Law

a depository institution takes deposits from ______ and earns most of its income by _______. -General Knowledge

Description : a depository institution takes deposits from ______ and earns most of its income by _______. -General Knowledge

Last Answer : households and​ firms; making loans and buying securities that earn a higher interest rate than that paid to depositors.

the federal income tax is a _____ -General Knowledge

Description : the federal income tax is a _____ -General Knowledge

Last Answer : The federal income tax is a progressive tax.

If the temperature of a semiconductor rises, what is its resistivity? -General Knowledge

Description : If the temperature of a semiconductor rises, what is its resistivity? -General Knowledge

Last Answer : The answer is 'Decrease'

If the temperature of a semiconductor rises, what is its resistivity? -General Knowledge

Description : If the temperature of a semiconductor rises, what is its resistivity? -General Knowledge

Last Answer : answer:

how should you write the proportion 9:36 = 10:40 using words? -General Knowledge

Description : how should you write the proportion 9:36 = 10:40 using words? -General Knowledge

Last Answer : Write the proportion 9:36 = 10:40 using words as: 9 is to 36 as 10 is to 40.

Does it comfort you in any way, that on Mu Ara d, 50 odd light years away from Earth, (potential) beings that direct their telescopes to our planet, could see our deceased loved ones when they were still alive?

Description : Does it comfort you in any way, that on Mu Ara d, 50 odd light years away from Earth, (potential) beings that direct their telescopes to our planet, could see our deceased loved ones when they were still alive?

Last Answer : They are seeing ghosts. Omae wa mo shindeiru.

Is it common for an alcoholic in recovery to push loved ones away?

Description : Is it common for an alcoholic in recovery to push loved ones away?

Last Answer : answer:Your boyfriend is recovering from alcoholism right? I guess he need some time to focus on his recovery. Recovery is pretty hard and he is trying to concentrate. He doesn't necessarily get bored of you, he ... , and he need time to be alone. You can still stay close to him, but not too much.

How do you stay intimate with loved ones who live far away?

Description : How do you stay intimate with loved ones who live far away?

Last Answer : There has never been a better time to do this then now. Are you kidding? With the technology the way it is? To begin, cell phones put you up close and personal. Then there's Twitter. You can ... technology that comes along, the world gets smaller and smaller. Eventually, there won't be a far away .

Why are the Rock's close to a mid-ocean ridge younger than the ones that are farther away?

Description : Why are the Rock's close to a mid-ocean ridge younger than the ones that are farther away?

Last Answer : Mid-ocean ridges are basically underground volcanoes that lavafrom the Earth's Mantle can breach. The ocean, however, freezes thelava and that in turn forms rock. If this happens repeatedly, ... the youngerrock being formed by the ridge is pushing away the older,previously made, igneous rock.

he receptionist at a doctor's office throws away certain product circulars mailed by pharmaceutical companies and keeps the ones on products she believes are useful. The receptionist is performing which role in the buying centre? A)user B)influencer C)buyer D)decider E)gatekeeper

Description : he receptionist at a doctor's office throws away certain product circulars mailed by pharmaceutical companies and keeps the ones on products she believes are useful. The receptionist is performing which role in the buying centre? A)user B)influencer C)buyer D)decider E)gatekeeper

Last Answer : E)gatekeeper

Consider the following statements and identify the right ones. i. Higher level of capital-output ratio indicates efficient use of capital. ii. It reflects the productivity of capital in the economy a. I only b. ii onlyc. bothd. none

Description : Consider the following statements and identify the right ones. i. Higher level of capital-output ratio indicates efficient use of capital. ii. It reflects the productivity of capital in the economy a. I only b. ii only c. both d. none

Last Answer : d. none View Answer /

Consider the following statements and identify the right ones. i. Higher level of capital-output ratio indicates efficient use of capital. ii. It reflects the productivity of capital in the economy A. I only B. ii only C. both D. none

Description : Consider the following statements and identify the right ones. i. Higher level of capital-output ratio indicates efficient use of capital. ii. It reflects the productivity of capital in the economy A. I only B. ii only C. both D. none

Last Answer : B. ii only

One’s class position is directly proportionate to one’s income.

Description : One’s class position is directly proportionate to one’s income.

Last Answer : State whether the following statement are true or false with reason : One’s class position is directly proportionate to one’s income.

One’s class position is directly proportionate to one’s income.

Description : One’s class position is directly proportionate to one’s income.

Last Answer : Correct underlined words and complete the sentence : One’s class position is directly proportionate to one’s income.

Which takes priority: state or federal tax liens?

Description : Which takes priority: state or federal tax liens?

Last Answer : Federal tax lien takes priority over all. Federal tax lien is the center of all federal action taken by the IRS.

What’s that belief where people think success is a limited resource and someone being successful takes away from them?

Description : What’s that belief where people think success is a limited resource and someone being successful takes away from them?

Last Answer : "Being a conservative"?

Do you think suicidal patients, especially when treated, could follow through, not only because they're depressed, but also because the happiness at life takes away their fear of death?

Description : Do you think suicidal patients, especially when treated, could follow through, not only because they're depressed, but also because the happiness at life takes away their fear of death?

Last Answer : ….” especially when treated” ? Would mean that they would see that life has more to offer them and thus No.

Is this reverance for motherhood so ubiquitous that it's cliche nature takes away from the real thing?

Description : Is this reverance for motherhood so ubiquitous that it's cliche nature takes away from the real thing?

Last Answer : all this bru-ha-ha about mother's day is like any bru-ha-ha over a commercialized holiday - it has NOTHING genuine to do with the concept it's celebrating and if people think it's enough, that ... some actual help with my children (well, not you, specifically, daloon, but you get what i'm saying)

Every year, sometimes during winter and sometimes in the springtime, an elderly woman takes 12 pieces of food, each in its own separate colorful container, and strategically places them outside in her front and back yards. The woman then challenges select relatives to go retrieve the 12 pieces of food for her, so she can put them back into her refrigerator to be eaten later. When these select relatives ask her how the 12 pieces of food ended up outside in her yards, the elderly woman totally denies having put them there. Instead, ----- she blames an animal for the entire affair! Is this woman slip-sliding away mentally, or is there some method to her madness ----- and what animal does she blame? -Riddles

Description : Every year, sometimes during winter and sometimes in the springtime, an elderly woman takes 12 pieces of food, each in its own separate colorful container, and strategically places them outside in her front and ... is there some method to her madness ----- and what animal does she blame? -Riddles

Last Answer : The elderly woman has many grandchildren who she invites to her house each year to her annual Easter egg hunt! She challenges them to find the 12 colorful eggs the Easter Bunny has hidden for them.