Answer:
The correct option is A
Explanation:
Regressive tax is the kind of tax which is imposed or held in such a way or method, that the rate of tax decreases or falls as the amount subject to the taxation rises.
It describe the effect of distribution on the expenditure or on the income of the person, as the rate progresses or increases from high to low, so that it could make average tax rate increases or exceeds the marginal tax rate.
So, in this case, when both of went to purchase the oven, they have to pay extra 7%, in sales tax, which is a regressive tax.
Answer:
1800
Explanation:
A company threw away a computer that originally costs $8,500
They accumulated depreciation of $6,700
Hence the company will loss money, they would experience a loss of
8500-6700
= 1800
Hence the company will be at a loss of 1800
Answer:
Answer is option b, i.e. purchase of natural gas by U.S. households.
Explanation:
Consumption component of U.S. GDP includes purchase of various durable goods, non-durable goods, and also various intangible services. But anything that is purchased as a means of investment rather than for personal consumption is not regarded as consumption component in GDP. Here, purchase of newly constructed houses is an asset and thus, is not included in these components. Similarly, purchase made for business purposes is also excluded from the list of consumption components.
Well the fact that it says that it was a small fire can tell you what kind of fire extinguisher it was
