Answer:
The supply and demand curves will shift to the left i.e. there will be a decrease in demand and supply.
Step-by-step explanation:
First: Tax is a compulsory contribution to state revenue, levied by the government on workers' income and business profits, or added to the cost of some goods, services, and transactions.
Secondly: Money supply is the total amount of monetary assets available in an economy at a specific time.
When tax is increased, this means individuals and businesses have to contribute more to the state revenue leaving both categories with lesser income or profit i.e. lesser to spend.
In the same way, when money supply decreases, there is lesser money available to both individuals and businesses
What this implies is that demand will decrease because income has decreased. Supply will also decrease because producers will not make as much profit given the increase in tax (tax is considered cost of production).
As a result of this, the demand curve shifts to the left, the supply curve also shift to the left because both demand and supply will decrease.
Answer:
5:7
Step-by-step explanation:
Basically you first find the amount of the books are the shelf knowing that you have 5 new books, you subtract the amount of new books from total books. And 5:7 can't be simplified any further making 5:7 the answer.
Hi again! If the measure of angle A is 155 degrees, then the measure of angle C is also 155 degrees because vertical angles are congruent. Vertical angles are the two angles created when two lines intersect that are NOT linear.
Answer:
You are m + 1 years old.
Step-by-step explanation:
Let's say that you are x years old, and Mack is m years old.
x = 1/2( two plus twice m)
x = 1/2(2 + 2m)
x = 1 + m
x = m + 1
Hope this helps!
In that situation, you use the information you DO have. It's not always
enough to do the job. But often it is, and in that case, you use what you
do have to answer the question or solve the problem.
Sadly, I can't be any more specific than that. You haven't told us what
information you do have ... only what information you don't have.
