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2 years ago

How does a merchandising business act as a collection agency for the state government?

Business

1 answer:

ExtremeBDS [4]2 years ago

5 0

Answer:

Charging Sales tax

Explanation:

Merchandising business is the kind of business, that buys or purchases the finished products and then resells them to the customers.

So, the merchandising business could act as a collection agency for the government through charging the sales tax. There is need to remit the government after collecting the tax and when it is done, the business will decrease the cash and the sales tax liability.

And it is the lability to the government until it is remitted by the business.

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One of the long-run effects of higher government budget deficits is growth in the economy's private sector at the same time the

saveliy_v [14]

Complete Question:

One of the long-run effects of higher government budget deficits:

A. is growth in the economy's private sector at the same time the government sector shrinks.

B. a redistribution of real Gross Domestic Product (GDP) away from government-provided goods and toward more privately provided goods. C. a fall in the equilibrium price level.

D. an increase in the government's share of the nation's economic activity.

Answer:

D. an increase in the government's share of the nation's economic activity.

Explanation:

One of the long-run effects of higher government budget deficits is an increase in the government's share of the nation's economic activity because it would be mainly responsible for funding of the economy, thereby causing higher real Gross Domestic Product (GDP).

A government budget deficit arises when government expenses exceed it's revenue.

It usually expresses the financial health of a nation over a period of time.

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When tests are used as part of the selection process, care must be taken to ensure that the test being used is both valid and re

elena-14-01-66 [18.8K]

Option C. When tests are used as part of the selection process, care must be taken to ensure that the test being used is both valid and reliable. A test is reliable if it consistently creates or measures accurate results time after time.

<h3>What is meant by reliability?</h3>

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Reliability is one of the attributes or characteristics of a good test or research. Hence we can conclude that When tests are used as part of the selection process, care must be taken to ensure that the test being used is both valid and reliable. A test is reliable if it consistently creates or measures accurate results time after time.

Reda more on reliability here: brainly.com/question/1265793

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1 year ago