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BartSMP [9]
3 years ago
8

Which of these is an example of indirect tax?

Social Studies
2 answers:
NikAS [45]3 years ago
4 0
Property tax is the right answer
ICE Princess25 [194]3 years ago
3 0

The following is an example of indirect tax:

B. Gasoline Tax

An<u><em> indirect tax </em></u>is usually collected by the producer or retailer, and it is added to the price of the good itself. These taxes are the same for all individuals, no matter their income. They are said to have a regressive nature. On the other hand, <em><u>direct taxes</u></em> are paid directly to the government. The amount paid for a direct tax depends on the ability-to-pay of each individual. Therefore, those with higher incomes pay higher direct taxes. Examples of direct taxes-include: corporate income taxes, paycheck withholdings, and property taxes.

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The relationship between the prices of apple and demand is : <u>A Negative correlation </u>

<h3>Negative correlation </h3>

A negative correlation occurs when an increase in one variable leads to a decrease in value of the other variable.

As the price of goods and service go up in the open market, the demand for the goods and services goes down, this kind of relationship is known as an Negative correlation.

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Hence we can conclude that The relationship between the prices of apple and demand is a<u> Negative correlation </u>

Learn more about Negative correlation : brainly.com/question/16913516

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