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2 years ago

For each hypothetical scenario, indicate whether the tariff described is more likely a protective tariff or a revenue tariff.

Business

1 answer:

LenaWriter [7]2 years ago

7 0

Answer:

a. In response to concerns from business leaders, a legislator has designed a new tariff on raw materials used by many manufacturing firms. The legislator felt the new tariff was necessary based on input from the private sector that new discoveries of natural resources abroad would threaten to put domestic producers of raw materials out of business. To meet this goal, this tariff will charge $1,500 on every crate of the imported goods plus an additional 6% of the total value of the imported goods.

protective tariff since it is designed to protect domestic industries from competition of out of state producers. It is designed to increase the price of imported goods.

b. In an effort to balance next year's budget, a senator has proposed a new tariff. She proposed the new tariff with a goal of raising a total of $100 million, To meet this goal, this tariff will charge $2,000 on every ton that is imported.

revenue tariff since its main purpose is to increase government revenue, not to protect domestic industries.

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____, or providing information supporting their policy positions to legislators, is a visible role played by interest groups. in

Eva8 [605]

Lobbying or providing information supporting their policy positions to legislators, is a visible role played by interest groups.
Lobbying are efforts that are directed primarily at the national level; committees of Congress that consider legislation, and executive departments. Those involved depend on their personal relationship with members of Congress and the executive branch, which are based on keeping in regular contract.

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3 years ago

A bank buys bonds with a par value of $25 million for $24,040,000. The coupon rate is 10 percent, and the bonds pay annual payme

Ilya [14]

Answer:

$25,891,632.37

Explanation:

The computation of the market value of the bond in two years is given below:

We know that

Market value of the bonds be in two years is

= pv(rate, nper,pmt,fv)

Here

Nper = 2

PV = ?

PMT = 25000000 × 10% = 2500000

FV = 25000000

Rate = 8%

Now

Market value of the bonds be in two years is

= pv( 8%,2,2500000,25000000)

= $25,891,632.37

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3 years ago

The following events apply to Lewis and Harper, a public accounting firm, for the Year 1 accounting period: Performed $64,500 of

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Answer:

a) I used an excel spreadsheet since there is not enough room here.

b) $69,000

c) $14,500

d) $14,000

f) $57,800

g) $59,500

Download pdf

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3 years ago

Leila has a table in a spreadsheet she wants to format. Which options will allow her to format the table without changing its co

ElenaW [278]

Answer:

All of them, except "Find and replace, Text."

Explanation:

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3 years ago

When building a new residential development or mall, a national real estate organization typically does not remove many trees, b

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Answer:

The answer is: B) sustainability

Explanation:

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social: develop organizations and communities that meet the needs of current and future generations

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3 years ago