Calculate Subsidies if it is given that:- GNP at FC = $38,000 GNP at MP = $16,000 Indirect taxes = $5000

macro question 12

QUESTION 18 Answer questions 17 and 18 based on the following information: As you know, Flabovia has adopted a Value Added Tax (VAT); the tax rate across the board is 15%. A farmer grows vegetables and sells them to the wholesaler for $1/lb. The wholesaler sells them to the local market for $3/lb. The market then sells them to its customers for $10/lb. Question 18. What is the net tax paid by the wholesaler? O a. $0.15 O b. $0.45 c. $1.15 d. $0.30 O e. None of the Above QUESTION 19 For most companies, Tax Havens offer the benefits/advantages of_ O a. More sales and lower costs of production O b. Easier access to their markets and less regulation O c. Lower taxes and more regulation Od. Less regulation and lower taxes O e. Larger markets and less regulation and

Consider the following components of GAVbp:Agriculture, Forestry and Fisheries = 2072Industry = 18723Services = 34195and the following additional data: Indirect taxes net of subsidies = 3859Fixed capital consumption = 6388Imports = 12034Exports = 10357 Calculate the amount of:a) GDPmp.b) Internal Demand or Internal Procurement

Use the table below to choose the correct answer. Income Таx (dollars) (dollars) 10,000 2,000 20,000 4,000 40,000 8,000 The tax schedule shown here is regressive. O proportional. O progressive. O proportional up to $20,000 and regressive beyond that.

A sales tax levied at the rate $T does not have the same effects on the market's equilibrium as does an excise tax levied at the rate $T .  Select one: a. True b. False

Suppose taxes are related to income as follows: Income Taxes $1,000 $200 $2,000 $350 $3,000 $450 a. What percentage of income is paid in taxes at each level? b. Is the tax rate progressive, proportional, or regressive? c. What is the marginal tax rate on the first $1,000 of income? The second $1,000? The third $1,000?

Sales taxes tend to be regressive, that is why food, medicine are often excluded? True or False

Q30

1. Understanding the implications of taxes on welfare The following graph represents the demand and supply for blinkies (an imaginary product). The black point (plus symbol) indicates the pre-tax equilibrium. Suppose the government has just decided to impose a tax on this market; the grey points (star symbol) indicate the after-tax scenario, (oppuna je sup 42.00 36.00 30.00 Demand Supply QUANTITY (Blinkies) Ⓒ