Answer:
The correct answer is A. A secondary effect of an increase on yacht tax rates would be the laying off of hundreds of poor and middle-class yacht makers as the wealthy spend their money elsewhere.
Explanation:
The tax increase of a certain product necessarily increases the final price of that product, that is, when the tax rate is raised, the amount of money necessary to buy said good rises.
In turn, according to the law of demand, the higher the price, the lower the quantity demanded of the product. In other words, this tax increase would produce a drop in the demand for yachts.
If demand falls, the income of producers and sellers of the product falls. This is where production is affected, since small and medium producers will have greater difficulties to cope with the drop in sales, often incurring losses that would lead to having to close the business.
Tell them to wait patiently, and give them a
drink
amir would be classified as an on-call worker.
<h3>What is
on-call worker?</h3>
An on-call employee (oproepkracht) works only when you, the employer, summon them. You and your employee have agreed on this. There are various forms of on-call contracts, each with its own set of rules.
An on-call schedule (or on-call shift) is a timetable that guarantees the appropriate person is always accessible, day or night, to respond rapidly to events and outages. On-call doctors in the medical field are expected to respond to medical crises at any moment during their shift.
On call is a vital duty among many IT, developer, support, and operations teams that provide services that customers demand to be available 24 hours a day, seven days a week. Team members rotate via an on-call cycle, providing coverage around the clock or solely during normal business hours.
To know more about on-call worker follow the link:
brainly.com/question/12831236
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Complete Question:
One of the long-run effects of higher government budget deficits:
A. is growth in the economy's private sector at the same time the government sector shrinks.
B. a redistribution of real Gross Domestic Product (GDP) away from government-provided goods and toward more privately provided goods. C. a fall in the equilibrium price level.
D. an increase in the government's share of the nation's economic activity.
Answer:
D. an increase in the government's share of the nation's economic activity.
Explanation:
One of the long-run effects of higher government budget deficits is an increase in the government's share of the nation's economic activity because it would be mainly responsible for funding of the economy, thereby causing higher real Gross Domestic Product (GDP).
A government budget deficit arises when government expenses exceed it's revenue.
It usually expresses the financial health of a nation over a period of time.
