The value of any money is determined by supplys and demands and the supplys and demands for other goods in the economy
The awnser to the question is A Drafts
Answer:
The answer is A: an estate and gift tax; to the next generation
Explanation:
A deceased person often via a will or according to laws of intestacy transfers the benefit and ownership of an estate to relatives or others without any consideration. the tax paid on such a transferred asset is called estate tax. This type of tax is often imposed on the property. But practice differs as some tax jurisdictions do impose estate tax on the beneficiary of the deceased property in which case it is called inheritance tax.
Such a tax is not to be imposed if the property is bequeathed to a spouse or a charity recognized under the Federal laws.
When an individual transfers properties during his life time to another without receiving full consideration in any form in return, the tax imposed on such transfer of ownership of asset is known as gift tax. The tax is usually imposed on the giver or transferor of the assets unless a retention of an interest exist which will likely delay the completion of the gift
The major difference between an estate tax and gift tax is that estate tax is tax on transfer of property without consideration to others after demise or death. Gift tax is a tax on transfer of ownership of property without consideration during the giver's lifetime (often called an inter vivos gift)
Contractionary fiscal policy. This occurs when government is spending less than the total tax revenue it receives. The policy is a result of raising taxes and/or reducing spending.
Answer:
C. The sum of consumer surplus and producer surplus is at a maximum.
Explanation:
Consumers surplus is the difference between the willingness to pay of a consumer and the price the consumer pays for a good.
Producer surplus is the difference between the price of a good and the least amount he would be willing to sell his product.
Economic efficiency is where both consumer and producer surplus are maximised.
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