Answer:
$400
Explanation:
So we know that is 15 years you will have $6000
so $6000 divided by 15 years.This will bring you how much money you have to deposit each year..
6000/15
400
so..
you will have to deposit $400 every year in 15 years.
Its called inflation the more you buy the more the prices go up but i don't think the quantity lowers no
Answer:
$0.12 billion; a budget surplus
Explanation:
Given that,
Total spending for the last fiscal year = $4.71 billion
Tax collected during the same fiscal year = $4.83 billion
Government transfers = $0
Lilliput's budget balance:
= (Taxes - Government transfers) - Total spending of government
= ($4.83 billion - $0) - $4.71 billion
= $0.12 billion
Therefore, the Lilliput has a budget surplus during the last fiscal year because of the positive budget balance.
Answer:
The answer is D - mostly by producers but partially by consumers.
Explanation:
Tax incidence depends on the relative price elasticity of demand and supply. When supply is more elastic than demand, buyers bear most of the tax burden but when demand is more elastic than supply, producers bear most of the cost of tax and consumers bear less.
