Answer:
Down below
Explanation:
Citizens file income taxes to ensure that they will receive a if they paid too much in taxes throughout the year. Employers supply a to help citizens file their tax returns.
Answer:
There is no change in consumers' or producers' well being
Explanation:
Currently consumers of vodka were levied tax of $2. However, government decided to provide tax relief to consumers and shift the burden on producer. There will be no change in the well being of consumers and producers.
Tax is a cost that shifts demand curve if consumers pay tax. Supply curve shifts if producers pay tax. The overall effect, however remains the same. If producers pay tax, cost per unit vodka will increase which will be reflected increased prices. Similarly, if consumers pay tax, they will demand lesser. so there is no change overall.
Answer:
c. marginal rate of substitution is equal to the relative price ratio of the goods.
Explanation:
we know that the costomer MRS = Px/Py , where x and y are the two goods.
MRS(x,y) = MUx/MUy = Px/Py
Therefore, The marginal rate of substitution is equal to the relative price ratio of the goods.
Answer:
How long will it take them to cover the cost of refinancing = 29months
Explanation:
Number of months = $1,690 / $58
Number of months = 29 months