Answer: decrease U.S. net exports and increase Chinese net exports
Explanation: All things the same, the Chinese is exporting while the American store is importing. As the Chinese is exporting, the net export (the difference between a nation's exports and imports) in China increases and as the American is importing, the net export in America is decreasing.
Excise taxes on tobacco and alcohol and state sales taxes are often criticized for being regressive. Although everyone pays the same rate regardless of income, this might be so because low-income individuals are more prone than high-income individuals to purchase alcohol, tobacco, and gasoline.
<h3>What are Excise taxes?</h3>
- Any duty on produced items that are assessed at the time of manufacture rather than the time of sale is known as an excise or excise tax.
- Excises and customs duties are frequently used interchangeably, although customs taxes are imposed on already-existing products when they cross a defined border in one direction, whereas excise is imposed on goods that were created inland.
- State sales taxes and excise taxes on alcohol and cigarettes are frequently criticized for being regressive.
- Despite the fact that everyone pays the same rate regardless of income, this may be the case because people with low incomes are more likely than those with higher incomes to buy alcohol, cigarettes, and fuel.
To learn more about Excise taxes refer to:
brainly.com/question/22358769
#SPJ4
Answer:
The statement represents the Straw Man fallacy.
Explanation:
A Straw Man fallacy is a version of an argument that is misrepresented, simplified so that it will be easier to defeat. It replaces or represents whatever actual argument is being made. The Straw Man fallacy in some cases is not provided intentionally. They could also be the result of talking about something with little to no previous knowledge of it.
Thus, as the evolutionary theory does not only proposes that humans come from monkeys with less hair and bigger brains, <em>the statement is oversimplifying the different researches on that topic</em> falling into a Straw Man fallacy.
The correct statement is when claims are denied.
<h3>What is the commercial paper? What is the duration of the commercial paper?</h3>
The commercial papers are the short term money market instruments, that are issued by the companies which holds a good credit rating.
Usually, the maturity date of the commercial paper lies between the fifteen days or up to one year.
The companies mostly issued the commercial papers to meet their short term liabilities.
Learn more about the commercial paper here:-
brainly.com/question/22985280
#SPJ1
