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What are the factors affecting wants?
Factors affecting wants include individual preferences, cultural influences, economic conditions, and social environment. Personal experiences and values shape what a person desires, while societal norms and trends can drive collective wants. Additionally, income levels and availability of resources can limit or expand the range of wants one can pursue. Lastly, marketing and advertising play a significant role in shaping consumer perceptions and aspirations.
How has a country such as the US increased its productivity?
through regulations that limit innovation who wants popcorn
Why cannot people fulfill their wants?
different people have different needs and wants. this means that peoples wants and needs are differrent due to SIT- Skills, Income and Time.
Why are regressive taxes considered heaviest on low income taxpayers?
Regressive taxes, such as sales taxes or flat taxes, take a larger percentage of income from low-income taxpayers compared to high-income earners. This is because low-income individuals spend a higher proportion of their earnings on necessities, making these taxes a more significant financial burden for them. As income decreases, the relative impact of these taxes increases, leading to greater economic strain on lower-income households. Consequently, regressive taxes exacerbate income inequality and limit financial mobility.
Why are resources scarce?
There are unlimited wants for these resources, but there are only a limited amount of resources in this world. Therefore they are considered scarce.
What are the implications of reported income?
U will see whether it is taxable or below taxable limit. As long it is beyond taxable limit, u will have to pay tax on taxable income on prescribed rates. If all the income is below taxable limit, no tax to be paid
Why is there an income limit on Roth IRA contributions?
The income limit on Roth IRA contributions exists to ensure that high-income individuals do not disproportionately benefit from the tax advantages of the account. This limit helps maintain the intended purpose of the Roth IRA as a retirement savings vehicle for a broader range of income levels.
Is there a limit on the amount that the court can garnish of your wages?
The limit is 25% of your weekly disposable income.
At what age do you stop paying income tax?
There is no age limit on paying income taxes. It is based on your income. http://taxresolutionaries.blogspot.com
What is the income limit for family member 1?
Depending on which country!
What is your income limit while you receive social security?
16500
Income Tax slab for assessment year 09-10?
income limit for assessment year 2009-10
Can you get social security and unemployment benefits?
Yes, you can collect Social Security and unearned income at the same time. There is no limit to the amount of unearned income (from investments, pensions, rental income, etc.) that you can receive while collecting Social Security retirement benefits. You are limited to how much earned income you can have (from wages or salary) if you are collecting Social Security before you reach your full retirement age, but there is no limit to the amount of unearned income you can have.
Income limit for economically backward students in Maharashtra?
2 laks
What does it mean to have an income ceiling?
in this instance a ceiling would indicate a limit
Does student have an income limit in order to stay on health insurance?
Penis.
How is credit limit determined?
Credit limit is determined by the information given to the company during their application. The person's income and credit score play a big part in the limit.
