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Strike441 [17]
3 years ago
6

By how many packs of cigarettes does quantity demanded decrease due to the excise tax on cigarettes?

Business
1 answer:
andrezito [222]3 years ago
3 0

Answer:

Explanation:

The government taxes packs of cigarettes both to discourage smoking and to raise tax revenue. The average excise tax on a pack of cigarettes is $2.50 per pack. The table below presents the annual demand and supply schedules, in billions of packs, both before and after the tax on packs of cigarettes.

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Vanyuwa [196]

Answer:

Linkedin

Explanation:

it specializes in that department

6 0
3 years ago
Read 2 more answers
You need to write a check for $167.50 from your checking account, which has a balance of $1,725.25. What percent of
Alex

Answer:

You need to write a check for $167.50 from your checking account, which has a balance of $1,725.25. What percent of  your balance will remain?

The percent balance will remain 90%

Explanation:

$1725.25 - $167.50= $1557.75

percentage left= 1557.75/1725.25 X 100

percentage left= 90.291= 90.30%

6 0
3 years ago
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Which of the following is false? Economists who advocate discretionary monetary policy argue that it is more likely to achieve t
just olya [345]

Answer: None of the above

Explanation:

All of the above are correct.

For option A, Economists who advocate discretionary monetary policy do indeed believe that the monetary authority using this policy is more flexible to shape the best monetary policy to the existing circumstances.

Option B is also correct because Crowding out occurs when the government increases investment by borrowing which leaves less money for the private sector to borrow so they spend less. The government spent money here yet the private sector did not spend less so it is Zero Crowing out.

Option C by option B's explanation holds true because the entire amount the Government increased by was denied the private sector.

Option D is also true as not all Economists prefer rule-based monetary policy to discretionary monetary policy.

They are all true.

3 0
3 years ago
The primary purpose of __________ is to preserve memories of persons or events.
kupik [55]
<span>monuments is the right answer </span>
3 0
3 years ago
U
oksian1 [2.3K]

The descriptions to cases that will possibility be addressed by a Trial Balance are:

  • can detect the accuracy of the accounting process(possible)
  • can help check whether the debit side is equal to the credit side(possible)
  • can help prepare the income statement(possible)
  • helps serve as a proof of the application of the double-entry system(not possible)
  • can help check whether a particular transaction has been completely omitted(not possible)

<h3>What is trial balance?</h3>

A trial balance can be regarded as  bookkeeping worksheet which contains the ledger that is arranged into  debit and credit account column .

Therefore, with trial balance, one can check whether the debit side is equal to the credit side.

learn more about trial balance at:brainly.com/question/24217989

#SPJ1

3 0
1 year ago
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