they can not go down into the Earth at all. Due to technology, we would need better technological advances.
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The first recorded use of the name Clydesdale in reference to the breed was in 1826 at the exhibition in Glasgow. Another theory of their origin, that of them descending from the Flemish horses brought to Scotland as early as the 15th century, was also promulgated in the late 18th century.
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Answer: See explanation
Explanation:
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Incidence of tax is the impact that a tax simply has on how the economic welfare are being distributed. It refers to how tax is being distributed between the producers and the buyers of a particular good. It should be noted that the tax burden is shared by the sellers depending on the elasticity of the said product.
For example, in a situation whereby a $2 tax is imposed on each good a producer produces, if the producer then pass the tax to the final consumers when he raised the price of the goods by $2, we can simply say that such good has a price inelastic as the entire burden falls on the consumer.
Also, assuming the producer can't increase prices because such good is price elastic, that is, there will be a greater change in the quantity of the goods demanded, the burden will be felt by the producer alone. Here, we can say that the tax incidence falls on the producer.
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One prominent form of government is the communist government, which is currently being used in countries such as China and North Korea.
Another type of government is the capitalist government, which is used by many global countries such as the United States, Russia, and South Korea.
These two governments really are a spectrum, because there can be some countries that are completely free market or that are completely communist. There are spots in between such as socialism.
I hope that this helps! Have a wonderful day!
