Answer:
E. Division of the burden of a tax between the buyer and the seller
Explanation:
Tax incidence is an economic term for the division of a tax burden between buyers and sellers. Tax incidence is related to the price elasticity of supply and demand. When supply is more elastic than demand, the tax burden falls on the buyers. If demand is more elastic than supply, producers will bear the cost of the tax.
Answer:
option (D) $50 billion.
Explanation:
Data provided in the question:
Additional investment spending = $20 billion
MPC = 0.6
Now,
Increase in aggregate demand = [1 ÷ (1 - mpc) ] × Investment
or
Increase in aggregate demand = [1 ÷ (1 - 0.4) ] × $20 billion
or
Increase in aggregate demand = (1 ÷ 0.4) × $20 billion
or
Increase in aggregate demand = 2.5 × $20 billion
or
Increase in aggregate demand = $50 billion
Hence.
the correct answer is option (D) $50 billion.
Answer:
PART A
(1) In order to meet its demand for cars
(2) in order to use Waymo's Technological advancement in development self driving cars with GM.
(3) In order to strategically position the company to compete favourably in the car lift market and car sharing.
PART B
NO,all the reasons are equally important.
PART C
They are all needed in order to strategically position the company in terms of availability of cars with the required modern technological trends needed to compete favourably in the market for lift cars and car sharing.
Explanation:GM(General Motors) is an American car manufacturer with a long time experience in auto Manufacturing.
Lyft is a car lift and car sharing service provider, it is an American brand with its head quarters in California,United States of America.
Waymo(way forward in mobile)is an American self driven vehicles Manufacturing Company, it is a member of the Alphabet Inc, who also own Google.
Rony as the managing director of a fabric manufacturing company enjoys an employee benefit called <u>perquisites</u><u> (D)</u>.
Let's discuss each employee benefit option we have:
Novated lease is an employee benefit that allows an employer pays for its employee car lease and car runnit costs out of its employee's salary package. An employee will choose a car he wants and a novated lease arrangement is set up between the employee, employeer, and car agent. The employer then will pay directly to the car agent from the employee's salary. The employee may save tax and running costs using this kind of leasing.
Fiscal Incidence is the combined overall economic impact of both government taxation and expenditure on the real economic income of individuals. Fiscal incidence happens when the econonmic incidence of taxation is combined with the economic incidence of government expenditure. Fiscal incidence is the overall increase or decrease in welfare that individual enjoys from the state's taxing and spending policies.
Swaps is a derivative contract which stated that the two parties will exchange the cash flows or liabilities from two different financial instruments. Swaps usually are based on a notional principal amount. The most common kind of swap is an interest rate swap.
Perquisites or fringe benefits are benefits an employee received over and above his standard salary. Some of these components are taxed separately and someother are tax-exempted. Perquisites may be classified into 3 different types:
- Taxable perquisites
- Tax-exempted perquisites
- Perquisites taxable only by employee
By offering perquisites to its employee, a company may increase its employee productivity, loyalty and retention. Prequisites could also be used as an attraction for top talent.
Learn more about Employee Benefit here: brainly.com/question/12143528
#SPJ4
Complete Question:
Rony is the managing director of a fabric manufacturing company. In order to limit the profit of the company and therefore, the txes on the business the management pays a hefty amount to Rony as year-end bonuses. The company also pays for his family cavations and foreign trips. The benefits enjoyed by Rony are called ____
a. Novated leases
b. Fiscal incidences
c. Swaps
d. Perquisites
