Many countries engage in trade protection by imposing import tariffs or quotas for at least some goods. this is because:

Suppose sellers of perfume are required to send $1.00 to the government for every bottle of perfume they sell. Further, suppose

amm1812

Answer:

a. The effective price received by sellers is $0.40 per bottle less than it was before the tax.

Explanation:

When government imposes tax on a product, a seller's margin on such a product falls which the seller tries to recover from the buyer by raising the price of the product.

In the given case, $1 is tax payable to government out of which the seller recovers $0.60 from the buyer via increased price. So, the remaining $0.4 tax is being paid by the seller out of his own pocket.

Effective price received refers to net amount received by the seller after deducting expenses and taxes. So, in the given case, the seller now receives $0.4 less per bottle than the receipts before such tax was imposed.

5 0

3 years ago

Consider three imaginary countries. In Aire, saving amounts to $4,000 and consumption amounts to $12,000; in Bovina, in Cartar,

Volgvan

Answer:

c higher in Aire than in Cartar, and it is higher in Cartar than in Bovina.

Explanation:

As we know that,

Money supply = Saving amount + consumption amount

And, the saving rate would be

= (Saving amount ÷ money supply) × 100

So

For Aire, the saving rate would be

= ($4,000 ÷ $16,000) × 100

= 25%

For Bovina, the saving rate would be

= ($3,000 ÷ $27,000) × 100

= 11.11%

For Cartar, the saving rate would be

= ($10,000 ÷ $60,000) × 100

= 16.66%

5 0

3 years ago

Jasper city is trustee for the henry j. moneybags endowment fund, created to provide scholarships to students. This is an exampl

Rufina [12.5K]

Jasper city is a trustee for henry j. a moneybags endowment fund, created to provide scholarships to students. This is an example Permanent fund.

A permanent fund is a fund wherein the important fund may not be used and the most effective profits at the fund are used for the benefit of the authorities or its residents.

For example, a fund may be classified as a permanent fund if it's far getting used to paying for accounting services for a perpetual endowment of a central authority-run cemetery or economic endowments toward a central authority-run library.

The Alaska Permanent Fund (APF) is a constitutionally established everlasting fund controlled via a nation-owned business enterprise, the Alaska everlasting Fund business enterprise (APFC). It was mounted in Alaska in 1976 with the aid of Article 9, section 15 of the Alaska country constitution beneath Governor Jay Hammond and legal professional wellknown Avrum Gross.

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4 0

2 years ago

(3 Marks)

xxTIMURxx [149]

Answer:

uh dont ask me period

Explanation:

thank you

7 0

3 years ago

Identify each scenario as an example of expansionary fiscal policy, contractionary fiscal policy, or not an example of fiscal po

sdas [7]

According to macroeconomic theory and money supply in the economy, the scenario as an example of expansionary fiscal policy includes "<u>A decrease in taxes."</u>

Other scenarios as an example of expansionary fiscal policy include the following:

An increase in government spending;
An increase in corporate bonds purchased;
An increase in the money supply;

Expansionary fiscal policy is a type of policy designed to increase the money supply in the economy.

On the other hand, examples of contractionary fiscal policy include the following:

A decrease in government spending;
A decrease in transfer payments to dampen economic activity;
An increase in taxes;
A decrease in the money supply;

Contractionary fiscal policy is a type of policy designed to decrease the money supply in the economy.

However, the scenarios which are considered as not examples of fiscal policy include the following:

A decrease in the unemployment rate;

Hence, in this case, it is concluded that fiscal policy used by the government can either be expansionary or contractionary.

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5 0

3 years ago