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arlik [135]
3 years ago
15

What is considered sin tax?

Business
1 answer:
gayaneshka [121]3 years ago
7 0

Definition:

Tax imposed by the government on the things which are harmful for the human health is termed as Sin Tax. For example, Tobacco products, drugs, cola drinks, gambling, fast food items etc.

Why it is mainly imposed:

It is imposed to increase the prices of the above given harmful products which consequently, might can be helpful in decreasing their consumption.

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g The "monetary base" is simply: a. the total of all currency in circulation, outside banks b. the total vault cash held among a
Zanzabum

Answer:

e. the total of currency in circulation, plus depository institution reserves and vault cash

Explanation:

Monetary base is a concept in money supply that measures highly liquid assets in an economy.

It includes all cash that is in circulation in the economy and those deposits that are held as reserves by the central bank from commercial banks. Cash in bank vaults are also included because they are readily available to the economy.

For example if there is $200 million in circulation and there is $13 billion in the central bank as reserves from commercial banks, the total monetary base is $13.2 billion

6 0
3 years ago
Assume that the full-employment level of output is $2,000 and the price level associated with full-employment output is 100. Als
mariarad [96]

Answer:

MPC = 0.4

Explanation:

Multiplier shows change in income due to change (increase) in investment, or change (decrease) in tax. It is calculated by Marginal Propensity to Consume, as follows -

Multiplier ie k = Δ Income / Δ (govt investment or tax) = 1 / (1 - MPC)

Given : ΔG  ie tax fall = 60 ; Targeted income rise = Full employment - actual output = 2000 - 1900 = 100

k = ΔY / ΔG = 100 / 60 = 1.67

k = 1 / (1 - MPC) → 1 - MPC = 1 / k → 1 - MPC = 1 / 1.67 → 1 - MPC = 0.6

MPC = 1 - 0.6 → MPC = 0.4

8 0
2 years ago
Talarczyk Company sold 10,000 Super-Spreaders on December 31, 2017, at a total price of $1,000,000 cash, with a warranty guarant
Greeley [361]

Answer:

Explanation:

Sales revenue to be reported - $1,000,000

Warranty expense - $40,000

Unearned warranty revenue - $12,000

Cash = 1,000,000+12,000 = $1,012,000

Warranty liability - $40,000

5 0
3 years ago
Which of the following is NOT considered to be one of the main revenue centers at most financial institutions?
Aleks [24]

Answer:

money and credit markets,investments,financial management

Explanation:

Finance consists of three interrelated areas: (1) money and credit markets, which deals with the securities markets and financial institutions; (2) investments, which focuses on the decisions made by both individuals and institutional investors; and (3) financial management, which involves decisions made within the ...

7 0
2 years ago
Suppose that XYZ2 shop Company recorded as a purchase certain goods that it purchased account, with the term FOB shipping point
xxMikexx [17]

Answer:

77

Explanation:

76

3 0
3 years ago
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