Indirect.
This is because indirect tax is a tax on expenditure, whereas direct tax is a tax on income and wealth. Progressive taxes tax the rich more than the poor, but a sales tax charges everyone the same, therefore it is a regressive tax instead, as it takes up more of the poor's income. As it is not a choice, the answer is then an indirect tax.
Im ony in middle school sorry
<u>Answer:</u> Production possibility curve
<u>Explanation:</u>
Production possibility curve (PPC) is a graph which represents the various combinations of output that can be made with the given resources and technology. PPC can also be called as Production possibility Frontier. PPC can be used to find the maximum possible production capacity of the firm.
PPF is utilized by the government to make efficient production as it produces only products and services it is best qualified to produce. The resources which are the inputs such as raw materials, labor, skills etc can be efficiently used with PPF.
Answer:
The marginal propensity to consume is 0.6
Explanation:
The computation of the marginal propensity to consume is shown below
Given that
Autonomous consumption = 550 = C
Planned investment = 200 = I
Government spending = 250 = G
Exports = 100 = X
Imports = 300 = M
Equilibrium level of GDP = $8,000 = Y
Now as we know that
The equation for aggregate demand is
Y = C + I + G +( X- M)
$8,000 = [550 + b × $8,000] + 200 + 250 + [100 - 300]
7,200 = 8,000b
b = 0.9
Hence, The marginal propensity to consume is 0.6