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When taxes decrease what does consumption do?
When taxes decrease, consumption
Which of these taxes is paid by the consumer when a product is purshased?
Consumption) Colt York
A decrease in net taxes will?
Raise aggregate expenditure by raising disposable income, thereby increasing consumption.
In most states these are not exempt from taxes?
In most states, businesses are not exempt from taxes.
Why are taxes important to us?
taxes pay for all the public services such as education for an example.
When taxes decrease what does consumption do?
When taxes decrease, consumption
What are the taxes on production transportation sale or consumption of goods?
Excise Taxes.
What kind of taxes are consumption collected as?
Sales.
Whats the most important job in the house of representatives?
They approve taxes and approve the amount of taxes
What is Income not spent on current consumption or taxes is?
saving
How is fiscal policy controlled?
Taxes, and government spending. Increasing taxes will decrease consumption and supply. Lowering taxes will increase consumption and supply. Increasing government spending will increase national consumption, and decreasing government spending will decrease national consumption. The economics AD-AS model shows a visual representation of the effects of fiscal policy on the economy if you are further interested.
Which of these taxes is paid by the consumer when a product is purchased?
consumption
What is the most important source of revenue for the federal budget?
Through taxes
What can the government do to control consumption of alcohol and cigarettes?
Raise excise taxes
Which of these taxes is paid by the consumer when a product is purshased?
Consumption) Colt York
What was the most important product grown in Virginia?
the most important product grown in Virginia was tabacco because it helped them sell it to pay taxes for roads
What is the most most important tool for analyzing the production distribution and consumption of goods and services?
Economic analysis is need for analyzing the production, distribution and consumption of goods. This allows a group or business understand what goods are the most needed and sell the best.
