14. The ability-to-pay principle of taxation states that
A) only people who have the ability to pay should be taxed
B) those who benefit from government should pay for them
C) people should be taxed according to their ability to pay
D) the government should assess taxes only if it is clear that citizens will pay

The maximum amount of money that a consumer can charge on a credit card is called the

Your parents have accumulated a $170,000 nest egg. they have been planning to use this money to pay college costs to be incurred by you and your sister, courtney. however, courtney has decided to forgo college and start a nail salon. your parents are giving courtney $20,000 to her get started, and they have decided to take year-end vacations costing $8,000 per year for the next four years. use 8 percent as the appropriate interest rate throughout this problem. use appendix a and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. how much money will your parents have at the end of four years to you with graduate school, which you will start then?

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. question 1 options: true false