Answer:
a. Taxpayers in the scenario:
There are three (3) taxpayers and these are:
- Mr. Josh Kenny
- JK Services
- JK Realty
b. Governments with jurisdiction:
- Mr. Josh Kenny falls under the State of Vermont where he is a resident.
- JK Services falls under the State of Vermont where it is incorporated and operates.
- JK Realty falls under the City of Boston where it is operates.
Answer:
BOL can be viewed as the authoritative record that is being given to a shipment organization by the transporter that incorporates the different insights regarding the item. The fundamental purpose behind the BOL to be gathered at the entryway ports is that these BOL are gotten at the port first as this is where the items are gotten in the nation and from that point these items are sent to inland RDCs. The items need to pay the traditions obligations and pass the various customs.
Answer:
The total medical expenses deductible before the 10% limitation is 2090
Explanation:
Solution
Recall that:
The Total expenses included is stated as follows:
Th Hotel room is = $150 * two rooms * three nights
Mileage of = $900,
Miles = 1000
Doctor's bill ins an Francisco = 1,600
Now,
To next step is to find the total medical expenses deductible before the 10% limitation is given as follows:
Doctor's bill = 1,600
The total expenses i hotel room is calculated as :150 * 1 *3 = 450
So,
The total = 1600 + 450 = 2050
It is also important to know that only 10% of the expense stay for the accompanied person is permitted
Therefore,
450*10% =45
Total 2050+45 = 2090
Answer:
$2449
Explanation:
Alex wants to measure the nominal 1998 GDP of $993 billion in 2008 dollars.
Also the deflator for 1998 is 30 and for 2008, it is 74
Now he avoids making a misleading calculation
Therefore, the the nominal 1998 GDP of $993 billion in 2008 dollars
= 993/30×74= $2449.4≅$2449
Answer:
Option e. is correct
Explanation:
The Terms of Trade is equal to the average price of exports / by the average price of imports. The terms-of-trade refers to the relative price of exports in terms of imports.
Protective effect refers to the wasted resources due to production of good at a higher cost. Consumption effect refers to the loss to consumer due to higher price that leads to less consumption.
Should the home country be "large" relative to the world, its imposition of a tariff on imports would lead to an increase in domestic welfare if the terms-of-trade effect exceeds the sum of the <u>protective effect plus consumption effect</u>
