Answer: Generally, excise duties have one of two purposes: to maximize revenue and to deter specific activity or the purchasing of specific goods. On all grounds, taxes such as those on electricity, alcohol and tobacco purchases are frequently 'justified'.
Explanation:
Taxes such as those on electricity, alcohol and tobacco purchases are frequently 'justified'.
When the government is involved in business for the purpose of creating more wealth for the country, they do this as a<u> A) </u><u>benefit </u><u>of </u><u>society</u><u>. </u>
The government gets involved in business for several reasons including to:
- Benefit the society at large
To this end, they come up with regulations such as laws encouraging more competition and ease of starting businesses in order to create greater wealth for the entire country.
In conclusion, government tries to create wealth as a benefit to society.
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C” has remained the same for over fifty years
The correct answer for this question is $20 per year until the loan is paid off
To calculate interest per year, multiply the principal basis for the rent by the interest per year then divide the value of interest per year by 12.
For simple interest on loans of 200 dollars at 10 percent interest per year, we calculate 20 dollars per year until the loan is paid off.
