Transaction taxes and Excise taxes are two types of _______ taxes

Answers

Answer 1

Answer:

Transaction taxes and Excise taxes are two types of consumption taxes.

What is the meaning of Taxes?

Taxes are compulsory payments made by a government organization, usually local, regional, or federal, to people or businesses. Tax revenues are used to fund a variety of government initiatives, such as Medicare and Social Security benefits as well as public infrastructure and services like roads and schools.

Taxes play a crucial role in helping governments finance a range of projects, including infrastructure, wars, and public works. Taxpayer funds are still utilized for several related reasons today.

When a governing body imposes levies on individuals and commercial entities, taxation occurs. Tax-based fees must be paid and are not always related to the provision of services. The money raised is utilized to pay for government expenses.

Each year, the tax filing deadline is normally April 15; however, if that day comes on the weekend or a holiday, it may be postponed. Penalties and interest may apply if the tax deadline is missed. Form 4868 must be submitted by April 18, 2023, to request an extension.

Learn more about the Taxes here:

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Answer 2

Answer:

Transaction taxes and Excise taxes are two types of consumption taxes

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34. Short-run supply and long-run equilibrium Consider the competitive market for titanium. Assume that, regardless of how many firms are in the industry, every firm in the industry is identical and faces the marginal cost (MC), average total cost (ATC), and average variable cost (AVC) curves shown on the following graph. 051015202530354045501009080706050403020100COSTS (Dollars per pound)QUANTITY (Thousands of pounds)MCATCAVC The following diagram shows the market demand for titanium. Use the orange points (square symbol) to plot the initial short-run industry supply curve when there are 20 firms in the market. (Hint: You can disregard the portion of the supply curve that corresponds to prices where there is no output since this is the industry supply curve.) Next, use the purple points (diamond symbol) to plot the short-run industry supply curve when there are 30 firms. Finally, use the green points (triangle symbol) to plot the short-run industry supply curve when there are 40 firms. Supply (20 firms)Supply (30 firms)Supply (40 firms)01252503755006257508751000112512501009080706050403020100PRICE (Dollars per pound)QUANTITY (Thousands of pounds)Demand If there were 20 firms in this market, the short-run equilibrium price of titanium would be per pound. At that price, firms in this industry would . Therefore, in the long run, firms would the titanium market. Because you know that competitive firms earn economic profit in the long run, you know the long-run equilibrium price must be per pound. From the graph, you can see that this means there will be firms operating in the titanium industry in long-run equilibrium. True or False: Each of the firms operating in this industry in the long run earns positive accounting profit. True False

Answers

The right answer for the question that is being asked and shown above is that: "TRUE." From the graph, you can see that this means there will be firms operating in the titanium industry in long-run equilibrium.

The right answer for the question that is being asked and shown above is that: "TRUE." Each of the firms operating in this industry in the long run earns positive accounting profit. True False

Output increases B.) According to endenuity

Greg is considering purchasing a new truck, and he wants to purchase the best one within his budget. He has searched the Internet, asked friends, and visited dealerships to learn more about the different brands and their features. He even found one website where he can conduct direct comparisons of different brands to help him in his decision. Which decision-making perspective is Greg following?A) Experiential decision making
B) Behavioral decision making
C) Complete decision making
D) Utilitarian decision making
E) Rational decision making

Answers

Answer:

E) Rational decision making

Explanation:

Based on the scenario being described within the question it can be said that Greg is following a rational decision making perspective. This perspective focuses on a process that favors making decisions based on logic, objectivity, and analysis over subjectivity and insight. Which in this case, focusing on making the best overall purchase for the budget that Greg is on is the most logical and financially correct decision, therefore it is a rational decision.

Suppose $50 comma 000 is deposited at a bank. The required reserve ratio is 20 percent, and the bank chooses not to hold any excess reserves but makes loans instead. What are the bank's total reserves?

Answers

Answer:

$10,000

Explanation:

Provided amount deposited to bank = $50,000

Reserve ratio is 20%

And provided the company do not have any amount more than the required reserve, therefore balance in reserve = $50,000 $*$ 20% = $10,000

Further remaining $50,000 - $10,000 = $40,000 will be advanced as loan, and will not form part of reserves.

Therefore, total reserve's of bank = $10,000

Suppose the real rate is 2.5 percent and the inflation rate is 4.1 percent. what rate would you expect to see on a treasury bill?

Answers

Thank you for posting your question here at brainly. The rate that would you expect to see on a treasury bill is 3.67%. Below is the solution:

(1+R)= (1+r)*(1+h)
R=((1+0.025)*(1+0.09))-1
H=3.67%

What is tax payable????????

Answers

It's like a type of a account in the current liabilities section of a company's um I think balance sheet.

A liability is basically something you owe someone.Your reliable for paying that someone back correct?
Tax Payable is a liability.But what exactly is tax payable?
Well its a "tax" you have to pay to the federal government and you have a year to do so.

*If you are taking accounting the tax payable is on the balance sheet, (the income Statements side to be exact)
Hope this helped :)

Innov Inc. manufactures electronics and home appliances for the environment-conscious buyer. It has recently launched an online crowdsourcing campaign that invites consumers to come up with any one product idea that is feasible and has good market potential. Which of the following steps of the product development process is indicated in this scenario?a. Test marketingb. Product launching
c. Commercialization
d. Idea development
e. Idea screening

Answers

Answer:

d. Idea development

Explanation:

Based on the information provided within the question it seems that Innov Inc. is in the Idea development process of product development. This is the process of coming up with different designs for feasible products that may be profitable and worth while for the company. These ideas then go into the screening process where the best ideas are chosen to be produced.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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