Answer:
Tax revenue is 120 billion dollars
The government budget balance is -30 billion dollars
Answer:
$2592
Explanation:
Let the amount of loan applied for by both person be $x and $y respectively. If their loan differs by $72 each month, the second person would have applied for $(x+72) each month.
Amount applied by first person will be $x at the end of first month
Amount applied by second person will be $(x+72) at the end of first month
At the end of 36 months, the amount applied for by the first man will be $36x
At the end of 36 months, the amount applied for by the second man will be $36(x+72)
First person 'x' =$36x
Second person 'y' = $36(x+72)
If x pays $36x
y will pay $(36x+2592)
Their difference will become
$36x+$2592-$36x
= $2592
The person with the lower credit score will pay $2592 at the end of the 36-month loan
I think the answer is electrons but I am not positive, sorry if it's wrong, but i hope this helps :)
ANSWER: Indirect and Regressive
EXPLANATION: The Sales Tax is a tax which is imposed by the government on the sale of products and services. This tax is both Indirect and Regressive in nature.
Sales Tax is indirect because it is imposed by the government but are collected by the seller or the manufacturers (also known as Intermediary) on behalf of the government from the consumers. The intermediary then passes on the tax to the government.
Sales Tax is also regressive in nature as it imposed uniformly on the consumers regardless of the economic condition of the buyer. The term 'Regressive' means that the tax distribution pressure decreases as the buyer's income goes higher. The tax burden will be higher for low income group people and will be lower for high income group people.
