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Economics - Financial Markets 7 Online
OpenStudy (anonymous):

Nina wants to start her own academic editing business. She has constructed a one-year budget plan, including the cost of a website, her professional association subscriptions, and printing costs. Which of the following should she also include in her plan?

OpenStudy (anonymous):

A list of potential clients A list of subscription costs for sci-fi Web zines A payment plan for her outstanding library fines A payment plan for a new laptop

OpenStudy (anonymous):

@whpalmer4 @stonewoods @nincompoop @lilkittykat36 @timo86m

OpenStudy (anonymous):

i think its A but im not sure

OpenStudy (anonymous):

oh ok well thanks for the help:)

OpenStudy (anonymous):

do you think you could help me with another question @stonewoods

OpenStudy (anonymous):

How is sales tax similar to a flat tax? They are both direct taxes They are both indirect taxes They are both the same rate for everyone They both change according to income

OpenStudy (anonymous):

yeah that one idk this one im on the same stuff :/

OpenStudy (anonymous):

awweee man

OpenStudy (anonymous):

ok what about this one

OpenStudy (anonymous):

Anna's job pays $10 per hour and she works 40 hours per week. Her tax rate is 20 percent. Assuming she works 50 weeks per year, the amount she will pay in taxes is $4,000 $14,000 $20,000 $30,000

OpenStudy (anonymous):

i tried this one but i keep getting 17500

OpenStudy (whpalmer4):

@prettigirlrock0804 If Anna gets $10/hour, and works 40 hours/week, she makes \[$10/\text{hour} *40\text{ hours}/\text{week} = $400/\text{week}\] She works 50 weeks/year, so she makes \[50 \text{weeks}/\text{year}*$400/\text{week} = $20000/\text{year}\] If she pays 20% as her tax rate, the taxes per year will be \[20\%*$20000/\text{year} = \frac{20\%}{100\%}*$20000/\text{year} = $4000/\text{year}\]

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