1. Current unemployment has impacted fifteen percent of the 400,000 initial households. Determine how many households can effectively contribute to the economy: _____340,000 households can contribute.

1. Each individual household can earn $40,000. __$13,600,000,000________________________________________________.

1. Each household is taxes at twenty-eight percent (28%) ___3,808,000,000_______________________________________.

1. The textbox below provides key data to determine the flows in the economy:

here is a total of 100,000 individual business currently present in the economy. Here are key things to consider:

• Twenty percent of the business have shut down due to the COVID-19 Pandemic. (10 Points) 20,000 businesses shut down due to covid 19.
• Of the remaining businesses, they are taxed as follows . (20 Points)
• 20% of the businesses pay taxes at 10% of the first $10,000,000
• 16,000 businesses paid taxes at $1,000,000
• 25% of the businesses pay taxes at 20% of the next $50,000,000
• 20,000 businesses paid tax at $10,000,000
• 25% of the businesses pay taxes at 25% of the next $100,000,000
• 20,000 business paid tax $25,000,000
• 30% of the remaining businesses pay taxes at 15% of the next $60,000,000.
• 24,000 businesses paid tax at $9,000,000

• The government collects taxes from both individual households: (5 Points) _________________________________________________________________________.

• The government collects taxes from all four types of businesses. (5 Points)

The government collected $45,000,000 total in taxes from all four types of businesses.

• After collecting taxes from households and businesses, the government pays out a percentage of taxes collected as follows: (10 Points)
• 10% of taxes collected is used for public housing for cities and small towns.
• $4,500,000 is used for public housing for cities and small towns.
• 15% of taxes are used to provide food subsidies to public school districts.
• $6,750,000 is used for food subsides to public school districts
• 8% of taxes are used for highway and street infrastructure improvements
• $3,600,000 is used for highways and street infrastructure improvements.
• 7% of taxes collected are used to provide unemployment benefits to persons in large urban cities.
• $3,150,000 is used to provide unemployment benefits to persons in large urban cities
• 10% of taxes collected are uses to improve rural water and sewer systems.
• $4,500,000 is used to improve rural water and sewer systems.

The government keeps __50__% or $___22,500,000_____________________ in tax revenues in Washington and down not spend it. (5 Points)

Mail - clint Forbes - Outlool x TheFillableCircularFlowOf| X Circular flow assignment - x Circular Flow Model Defini x G circular flow completed wil x *Homework Help - Q&A from x + X C @ File | /home/chronos/u-a6585d41 6644e64f5fa 937b26983755125709a6a/MyFiles/Downloads/TheFillableCircular FlowOfIncomeModelIncludingGovernmentAndTradeSectors.pdf E TheFillableCircularFlowOfIncomeModelIncludingGovernmentAndTradeSectors.. 1 / 1 |- 75% Savings Imports Households Payment for goods Taxes Wages Government and O and services spending salaries $3,808,000,000 D Government Goods Labour and Government services spending Taxes $45,000,000 Businesses Investments Exports 51