All categories

3 years ago

Taxes will almost always cause consumer prices to increase. How much they increase depends on:

Business

1 answer:

Bas_tet [7]3 years ago

7 0

Answer:

Tax rate

Explanation:

The tax and price index is a parameter that measures the effect of tax rates on consumer prices.

Firstly, taxes inflates the cost of items through Value added tax. The cost of the item becomes more expenses and the prices increase by the rate of VAT

Secondly, income taxes reduces the purchasing power of consumers and hence commodities are indirectly more expensive because at a lower disposable income consumers can only buy lesser units of a particular product.

Lastly, the corporate income taxes are factored into the prices of goods and services produced and offered by corporate organisations and that impacts the final prices at which those goods are sold on to the final consumers.

You might be interested in

Assume the mplt = 5 tennis rackets and mplb = 4 baseball bats. if the economy has 100 workers, then the economy can produce?

Citrus2011 [14]

If the economy has 100 workers, then the economy can produce a maximum of 500 tennis rackets.

Given, MPLT = 5 tennis rackets

MPLB = 4 baseball bats Number of workers =100

So, if the economy has 100 workers, then, 5 × 100 = 500

Hence, the economy can produce 500 tennis rackets.

There are two main sources of growth of the economy. First is the growth in the size of the workforce and second, growth in the productivity of that workforce.

Hence, either can increase the overall size of the economy but only strong productivity growth can increase per capita GDP and income.

To learn more about economy here:

brainly.com/question/18461883

#SPJ4

6 0

2 years ago

To maintain public confidence and trust in the financial reporting of companies is the purpose of

Tema [17]

Answer: Option (c) is correct.

Explanation:

The purpose of Sarbanes-Oxley act is a federal law that is created for the supervision of public companies. It is introduced to audit and financial regulation of the companies. Also, it is established to help protect the general public, shareholders and companies from the fraudulent activities and accounting error.

7 0

3 years ago

which of the following is a benefit that computer technology has provided to the realm of financial administration?

frutty [35]

Answer:

Whats the answer

Explanation:

7 0

4 years ago

Financial instruments Financial instruments are assets that have a monetary value or record a monetary transaction. To coordinat

Ivanshal [37]

Answer:

1a. Backed by the U.S. government, these financial instruments are short-term debt obligations with a maturity of less than one year. They are considered risk-free investments.

Identification: U.S. Treasury Bills (T-bills)

b. Issued by money-centered financial firms, these short- or medium-term insured debt instruments pay higher interest than a regular savings account. They are low-risk instruments and have low returns.

Identification: Certificate of deposit

c. These financial instruments are investment pools that buy such short-term debt instruments as Treasury bills (T-bills), certificates of deposit (CDs), and commercial paper. They can be easily liquidated.

Identification: Money Market Mutual Fund

d. These financial instruments are contractual agreements that give one party a long-term agreement to use an asset by providing regular payments.

Identification: Lease Agreement

2. The instruments which are traded in capital markets are Common Stock, Preferred Stock, Corporate Bonds and Certificates of deposits excluding Long-term bank loans.

3. The process in which derivatives are used to reduce risk exposure is called <u>hedging</u>.

3 0

3 years ago

Boosting morale in a workplace through reorientation is accomplished by giving employees _____.

VikaD [51]

Boosting morale in a workplace through reorientation is accomplished by giving employees a new direction and focus. Reorientation refers to changing the focus or direction of how things are currently going. If a company needs reorientation, the current focus or direction is not working. The change in focus allows for the employees to gain new tactics that may be worthwile for the employees to try new things.

3 0

3 years ago