fill in the circular flow with the given information

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