Which of these is an example of a tax on consumption?

Answers

Answer 1
Tax on consumption is a tax on the using of goods or services. Sales tax is an example of tax on consumption. If you go to the store and buy clothes, the tax calculated from that is because you bought the items. If you went and got a haircut and they charge tax, you are paying the tax on consumption of the haircut service you received. 
Answer 2

The Cigarette tax is an example of a tax on consumption since it is a specific type of excise tax imposed on the sale of cigarettes, designed to both generate revenue and reduce smoking. The correct option is C.

An example of a tax on consumption is C. Cigarette tax. Taxes on consumption, also known as excise taxes, are imposed on specific goods. Cigarette tax is a type of excise tax that governments levy on the sale of cigarettes to raise revenue and also to discourage smoking by making it more expensive. These types of taxes can be contrasted with other forms of taxation such as property taxes on real estate or payroll taxes that fund Social Security and Medicare.

The complete question is- Which of these is an example of a tax on consumption?

A. Real estate tax

B. Social Security tax

C. Cigarette tax

D. Medicare tax


Related Questions

The _____ serves as the jfc's principal organization to draft the commander's information dissemination policy and coordinates information management functions within the joint force

Answers

The word that comes in the blank is "JIMB".

JIMB stands for "Joint Information Management Board". A JIMB ought to be met during the underlying improvement of the joint power data administration design and as required thereafter.In the joint force communications planning and management structure the CCDR, through the J6, gives correspondences framework direction and needs to supporting charges and segments.

Along budget constraint ab​, the price of good x is​ $25 and the price of good y is​ $18. if the price of y decreases to​ $14, the budget constraint will

Answers

aesaryirddddddddaetary
Final answer:

When the price of good y decreases from $18 to $14, the budget constraint will shift outward or to the right. This means that the consumer will be able to afford more of both goods x and y.

Explanation:

When the price of good y decreases from $18 to $14, the budget constraint will shift outward or to the right. This means that the consumer will be able to afford more of both goods x and y. The new budget constraint will be tangent to a higher indifference curve, indicating an increased level of utility.

How is a 401k different from an individual retirement account (IRA)?

A 401k is a good long-term investment strategy.
A 401k allows people to contribute before taxes.
A 401k is created by an individual who deposits money.
A 401k is created by an employer that matches contributions.

Answers

Answering the question, 401k is created by an employer that matches contributions. This implies the correct answer is D

A 401k and IRAs are contributions plans and both plans provide tax-advantaged retirement savings.  

Further Explanation

401K is a retirement plan that is sponsored by the employer. A 401K retirement plan means you have to contribute a certain portion of your paycheck. The contributions usually take place before the income taxes on your paycheck are removed.  

There are various 401K plans with different investment options but the options applicable to 401K plans depend on the provider.

However, the money you contribute towards your 401k accounts is pre-tax. This money is invested into different investments and it is to be determined by the sponsor.  

Individual Retirement account (IRA) is also a tax-advantage retirement saving that can be created by an individual.  

However, the different types of IRAs include:

Traditional IRAs: with this type of individual retirement account, you can make contributions towards your investment retirement account before the income taxes on your paycheck are deducted.

Roth IRAs: this individual retirement account is a special account, you will be taxed on the money you contribute to investment retirement account but won’t be taxed if you decide to withdraw your money in future. This type of individual retirement account is good if you are making a lot of money

Other types of individual retirement account include

Sep IRAs: Simple IRAs

LEARN MORE:

Which is a retirement plan that offered by employers ?  https://brainly.com/question/4802253What is a major difference between a traditional Individual Retirement Account and a Roth IRA  https://brainly.com/question/7126728

KEYWORDS:

401kindividual retirement accountIRAsemployersRoth IRAssep IRAsSimple IRAs
Final answer:

A 401k is created by an employer and allows employees to make pre-tax contributions, while an IRA is usually set up by an individual and offers tax benefits for retirement savings.

Explanation:

The main difference between a 401k and an Individual Retirement Account (IRA) is how they are created and funded. A 401k is created by an employer and allows employees to contribute a portion of their salary to their retirement account. The contributions are made before taxes are taken out, which means that the funds grow tax-deferred until they are withdrawn during retirement. On the other hand, an IRA is usually set up by an individual, who then makes contributions to the account on their own. The contributions to a traditional IRA may be tax-deductible, and the funds grow tax-deferred. However, contributions to a Roth IRA are made post-tax, meaning that the funds grow tax-free, and withdrawals are tax-free during retirement.

Learn more about 401k vs IRA here:

https://brainly.com/question/30238149

#SPJ3

There are five steps involved in segmenting and targeting a market. what should a marketer do once he or she has grouped both potential buyers and products to be sold

Answers

The market segmentation includes aggregation of  potential buyers into groups that have common needs and will respond similarly to a marketing action. Once a marketer has grouped both potential buyers and products to be sold he or she should develop a market-product grid and estimate size of markets.
The market-product grid is a framework relating the segments of a market to products or marketing actions of the firm.

After grouping potential buyers and products, marketers should analyze markets, establish the target audience, and execute an marketing campaign focusing on product, placement, price, and promotion tailored to the segmented audience.

Once marketers have grouped potential buyers and products to be sold, they should proceed to the next steps in the market segmentation and targeting process. The subsequent actions include analyzing the potential markets, establishing the target audience, and then implementing a tailored marketing campaign. Marketers should focus on the four Ps of marketing: product, placement, price, and promotion. They must ensure that each aspect of the marketing mix is designed to appeal to the segmented audience, considering factors such as demographics, psychographics, and media use. Additionally, it's crucial to perform an audience analysis to further understand their characteristics and determine the market segment most closely related to the new product concept. The ultimate aim is to create a compelling value proposition that convinces the target audience to choose your product over competitors.

A company would like to expand overseas. They need to be able to speak with employees quickly and allow employees to have access to information when they need it. What kind of technology best addresses this need?

A. Transaction processing system
B. Computer accounting software
C. Information communication technology
D. Management information system

Answers

c) Information communication technology is the answer

Answer:

Information communication technology

Explanation:

APEX Verified

Morality plays no part of gambling contract legality.
a. true
b. false

Answers

b. false is my answer

What is the biggest difference in who makes the contributions to 401(k) and IRA retirement plans?

Answers

In a 401k the employer usually matches a percentage and if you are lucky dollar for dollar, where in an IRA it is does an an extra option with a set amount of money usually 2500 or more for each IRA contribution.

You can contribute to both an IRA and a 401(k) at the same time, and they both have tax advantages. Employers offer 401(k)s, but individuals open IRAs, which is the primary distinction between the two types of accounts (using brokers or banks).

What is 401(k) retirement plan?

A 401(k) program is an employer-sponsored, clearly delineated, personal pension account in the United States, as specified in section 401(k) of the Internal Revenue Code of the United States. Periodic employee contributions are deducted from their paychecks directly, and the company may match them.

Two popular retirement plan kinds that provide tax benefits when you invest are IRAs and 401(k). The main distinction between the two is that a 401(k) is a retirement account that you open via your company, but an IRA is a retirement account type that you open, fund, and invest in on your own.

To learn more about 401(k) retirement plan

https://brainly.com/question/20475582

#SPj2

__________ are based on technology that mechanizes production. new technologies, such as the invention of the steam engine and fuel-powered machinery, stimulated many changes.

Answers

The answer is "industrial societies".

An industrial society refers to the one in which innovations or technologies of large scale manufacturing are utilized to make immense measures of merchandise in processing plants, and in which this is the overwhelming method of generation and coordinator of social life. This means that a genuine modern culture highlights mass processing plant generation as well as has a specific social structure intended to help such activities. This type of society is ordinarily sorted out progressively by class and highlights an inflexible division of work among laborers and factory proprietors.

What is the activity of creating a detailed flow chart or process map of a work process showing its inputs, tasks, and activities, in a structured sequence? multiple choice as-is process model business process model business process mapping (or modeling) to-be process model?

Answers

The correct answer is:  [C]:  "business process mapping (or modeling)" . 
_______________________________________________________
          Business process mapping (or modeling)   refers to:  "the activity of creating a detailed flow chart or process map of a work process showing its inputs, tasks, and activities, in a structured sequence".
_______________________________________________________

Which payment type can help you stick to a budget everfi answers?

Answers

The correct answer is a debit card or a credit card. A debit card is a type of payment wherein an individual may be able to budget his or her money, since the money the owner is using is directly taken from his bank account, which is why a person would be forced to save and budget his money.

The average daily foreign exchange trading by banks around the world is closest to $________.

a. 1.5 trillion

b. 1 trillion

c. 600 billion

d. 700 billion

e. 1.3 trillion

Answers

1.3 trillion.

Hope this helped;)

Answer:

a. $1.5 trillion

Explanation:

Foreign exchange, Forex market, is the most liquid market which involves the conversion of money from one currency to another. It is the most actively traded in the world because trading can be done any time of the day. On the average over $1.5 trillion volume of currency is involved.

Which statement defines personality?
1.the set of distinctive pattern of thoughts, emotions, behaviors, and other complex characteristics that distinguish one individual from another
2.a mental and neural state of readiness, organized through experience
3.the way a person, thing, or situation is noticed, understood, and responded to by our senses
4.the readiness of the psyche to act or react in a certain way

Answers

Hello,

Here is your answer:

The proper answer of this question is option A or 1 "the set of distinctive pattern of thoughts, emotions, behaviors, and other complex characteristics that distinguish one individual from another".

Your answer is A or 1.

If you need anymore help feel free to ask me!

Hope this helps!

Answer:

Explanation:

A

August is a senior at a very expensive private high school. his father is a successful stock broker and his mother is a partner in a manhattan law firm. august gets caught stealing a shirt and claims he was just seeking the thrill of stealing something. this example highlights what concept of deviance studied by jack katz?

Answers

foreground of defiance 

What is the task of middle level managers?

A.) to supervise employees over their daily tasks
B.) to develop policies and objectives for the company
C.) to channel employee grievances to other managers
D.) to convey work policies from top-level managers

Answers

A. To supervise employees over their daily tasks. Typically, middle-level managers are responsible for overseeing their teams and employees to help a company accomplish its goals through project and team management. They will implement policies and objectives, and manage expectations with senior-level management. 
Final answer:

Middle level managers primarily develop policies and objectives for the company and convey these policies from top-level management. They also supervise employees over their daily tasks but channeling employee grievances is less central to their role.

Explanation:

The task of middle level managers generally encompasses multiple functions within a business. While it can include elements from all four options listed, it primarily involves B.) developing policies and objectives for the company and D.) conveying work policies from top-level managers. They translate top executives' strategic objectives into concrete action plans, which are then implemented by supervisory managers and other employees.

However, middle management also plays a critical role in A.) supervising employees over their daily tasks. They often act as link between the workforce and the higher management, helping to ensure that daily operations align with the company's broad objectives. Nevertheless, option C.) channelling employee grievances to other managers is less central to their role, as it pertains more to the human resources function.

Learn more about Middle level managers here:

https://brainly.com/question/32866861

#SPJ6

A strategic plan that stresses technology tends to create an unfavorable climate for it projects that extends throughout an organization.
a. True
b. False

Answers

I believe the correct answer is false. hope this helps, have an amazing day :)

What is the system called that supports the sides of an excavation? A. Benching B. Shoring C. Sloping

Answers

The answer that you are looking for is B. Shoring

Answer: B) Shoring

Explanation:

Shoring can be defined as a temporary structure intended to support an unsafe structure or building from collapsing. The shoring techniques that is used during the early stage of construction is EXCAVATION.

Shoring can be used when walls bulge out, walls crack due to unequal settlement of foundation and repairs are to be carried out to the cracked wall, when an adjacent structure needs pulling down, when openings are to be newly made or enlarged in a wall.

There are three types of shoring. They are

1) Raking shoring.

2) Flying shoring.

3) Dead shoring.

If you base your expectations of inflation on what has happened in the past, what kind of expectations are you demonstrating?

Answers

If you base your expectations of inflation on what has happened in the past, you are demonstrating adaptive expectations. 

Adaptive expectations is used in economics to explain why people form predictions of the future based on what has happened in the past. Besides inflation, a common example of this is weather patterns. If you were to check the weather for a week from now, it's based on what weather was like that same day a year or more ago. 

The expectations of inflation on what has happened in the past, adaptive expectations is the demonstrating.

What is inflation?

In an economy, inflation is defined as the rate that the cost of goods and services rises. Inflation can occur when production expenses, such as labor and raw materials, rise. Inflation is the rate at which prices rise over a certain period of time. Inflation can be damaging, while too little inflation can equally harm the economy.

Adaptive expectancies is a theoretical notion that deals with the formation of future expectations based on experiences and events. Inflation is the primary cause of the weather to the consumer, and switching to another is a reflection of the economy.

As a result, the expectations of inflation on what has happened in the past, adaptive expectations is the demonstrating.

Learn more about on inflation, here:

https://brainly.com/question/29308595

#SPJ5

A decrease in supply will cause the smallest increase in price when both supply and demand are elastic. demand is elastic and supply is inelastic. both supply and demand are inelastic. demand is inelastic and supply is elastic.

Answers

Answer:

both supply and demand are elastic

What is the relationship between a firm's total revenue profit and total cost?

Answers

a firms profit equals total revenue minus total cost.

Sasha has been running a bicycle delivery service for more than a year. her business is going well, but she is having a hard time managing her accounts and keeping up with her budget. what would be a good business decision for her to make? appeal to investors to incorporate her business. hire more bike messengers so she can make more deliveries. look for a partner who can contribute business expertise. change her company to limited liability to protect her assets.

Answers

A good business decision for Sasha would be to seek a partner who can contribute business expertise. Running a successful bicycle delivery service requires more than just providing efficient deliveries; it also involves effective financial management and strategic decision-making. As Sasha's business grows, the complexity of managing accounts and budgets increases, which may become overwhelming for her as a sole proprietor.

By partnering with someone experienced in managing accounts and budgets, Sasha can focus on the core operational aspects of her delivery service, such as optimizing delivery routes, improving customer experience, and expanding her customer base. The partner's expertise can provide valuable insights into streamlining finances, reducing expenses, and identifying areas for potential growth and improvement.

This collaboration can lead to significant benefits for the business. With better financial management, Sasha can allocate resources more efficiently, potentially increasing profitability and long-term sustainability. Additionally, having a partner with complementary skills can lead to more informed decision-making, reducing the risk of costly mistakes.

To learn more about management, click here.

https://brainly.com/question/32216947

#SPJ2

Herbert and lily wanted to purchase a new set of curtains for their bedroom. however, they could not decide upon which color to pick. herbert chose solid-dark-blue curtains whereas, lily picked lilac curtains with embroidery on it. in this scenario, the difference between herbert and lily's choices is due to their _____.

Answers

Answer:

The answer is gender.

Explanation:

The difference between the choices that Herbert and Lily make on the curtains they prefer are mainly due to gender differences typically associated with masculinity and femininity. Herbert’s preferred curtain, which is solid dark blue, reflects his masculine preference in colors, since he picked blue. Lily, on the other hand, showcases a feminine preference with lilac-colored curtains; which is a soft shade that feminine women tend to prefer combined, in addition to the embroidery style.

If the inflation rate was 3.00% and the nominal interest rate was 8.00% over the last year, what was the real rate of interest over the last year?

Answers

The real interest rate would be 5%.
You are getting 8% interest and losing 3% due to inflation= 5%
Final answer:

The real interest rate is calculated by subtracting the inflation rate from the nominal interest rate. With a nominal interest rate of 8.00% and an inflation rate of 3.00%, the real interest rate is 5.00%.

Explanation:

The question is about calculating the real interest rate from the nominal interest rate and the inflation rate. The real interest rate can be calculated by subtracting the rate of inflation from the nominal interest rate. In this case, the nominal interest rate is 8.00% and the inflation rate is 3.00%. So, you subtract the inflation rate from the nominal interest rate: 8.00% - 3.00% equals a real interest rate of 5.00% over the last year.

For example, if a borrower took out a loan at an 8.00% nominal interest rate, they are effectively paying a 5.00% real interest rate when taking into account inflation. This is important to borrowers and lenders alike as it helps them understand the real cost or benefit of the loan.

Learn more about Real Interest Rate here:

https://brainly.com/question/34393655

#SPJ12

Your beachside inn will be ready to open next spring. To get in on the summer tourist trade, it will be necessary to A. establish a strong Web presence. B. advertise heavily in local newspapers. C. give it an unforgettable name. D. offer bargain rates at first.

Answers

B; advertise heavily in local newspapers. It will help you get in on the summer tourist trade.

The answer is A. establish a strong Web presence.

Took the pf test and scored 100%

A person who scores high on the conscientiousness dimension is typically dependable, persistent, and oriented toward achievement.

Answers

The statement that a person who scores high on the conscientiousness dimension is typically dependable, persistent, and oriented toward achievement is false. A person who score high on the  Emotional Stability dimension is typically dependable, persistent, and oriented toward achievement. This personality dimension defines the individual's ability to remain stable and balanced.

When might term insurance be a better option than whole life insurance?

Answers

Maybe never because Term insurance isn't always there when you need it. Also you can only get term at certain points in your life. Whereas whole life is always available.  

Term insurance can be a better product if your time horizon is 10 years or less. Term insurance works best because it is a low cost and low commitment program. Also, term insurance is better than whole life insurance especially at younger ages.

You collect 96 customer comment cards, 21 online surveys, and 43 surveys from people passing in front of your restaurant. What is your total sample size?

Answers

I think It is 160 because you add them all up.

The _________ program is one of the more common ways to get college credit in high school. It includes an exam that you must take at the end of the course.

A) International Baccalaureate
B) Advanced Placement
C) Dual Credit
D) Articulated Credit

Answers

B)Advanced placement 

he right yo.....................................


Gen xers tend to be frugal and seek value when making purchases.

Answers

In comparison to Millennials and Generation Z, Generation X tends to be more frugal and seek value when making purchases. Those born between 1965 and 1980 are considered Generation X. Those born within this year range grew up working and saving money from a young age so those habits have stuck with them as they became consumers. 

When a job order costing system is​ used, actual manufacturing overhead costs are debited to​ ________?

Answers

The term manufacturing overhead represents all factory-related costs that are incurred when a product is manufactured.  When a job order costing system is​ used, actual manufacturing overhead costs are debited to the Manufacturing Overhead account. It includes both direct materials and direct labor.

Fido wants to buy a new car. He will need to get a car loan. Fido decides to wait for a few months until his credit history improves. Which explains whether Fido is making a sensible decision?


A.Fido’s decision is sensible because the selling price of the car should be less in a few months.

B.Fido’s decision is sensible because the cost of the car loan should be less if his credit history improves.

C.Fido’s decision is not sensible because he needs the car right away.

D.Fido’s decision is not sensible because it does not matter if he buys the car now or in a few months.

Answers

hi there. 

your answer is: Fido's decision is sensible because the cost of the car loan should be less if his credit history improves.

hope this helps! :3

your answer is: Fido's decision is sensible because the cost of the car loan should be less if his credit history improves.


Other Questions
Which of the four presidents during the twenties did the best job while in office? Mateo has been struggling with an addiction to painkillers which of these activities would help him break the addiction cycle when he begins craving the drug The average threshold for human hearing is the tick of a watch from ______ under very quiet conditions. Read the following paragraph and answer the question.1Poe really was the inventor of the detective story, which he called the "ratiocinative" tale. 2Here believing the effect intended was "to perplex the reader and whet his desire for elucidation," he originated two devices useful to this day. 3One might be called "the device of the baffled friend": He gave his brilliant detective a companion not good at solutions and had him tell the story. 4Viewing the happenings through this narrator's eyes, the reader shares his growing puzzlement. 5Poe used his second device at the tale's end: He had the detective disclose his surprising solution and then "elucidate" step by step the reasoning which led to it. 6"The Purloined Letter" demonstrated Poe's use of these two devices in a detective story.Type four of the key words in Sentence 2. If two parallel lines are cute by a transversal, then pairs of corresponding angles are _____? Which foods and exercise can help a person prevent osteoporosis Commercial grade hcl solutions are typically 39.0% (by mass) hcl in water. determine the molarity of the hcl, if the solution has a density of 1.20 g/ml. Can you please help me out ? There should be no minimum voting age.Which statement about the claim is true?A.it is defensible but not arguable.B.it is both arguable and defensible.C.it is neither arguable nor defensible.D.it is arguable but not defensible. ______ are structures that allow for one-way blood flow through the heart. A gas has a pressure of 0.410 atm and volume of 32 L. At what pressure, would the volume of the gas change to 28 L which native american culture group built the city of cahokia Calculate the principal amount which earns $500 simple interest over 3 Years at a rate of 8% p.a round to the nearest cent how are society's oral tradition and cultural values related David and Josh are both practicing for an upcoming swim tournament. Every week, David swims for 3x hours at an average speed of x laps per hour. Josh swims 5 more hours per week than David, but at an average speed that is 4 laps per hour less than David's average speed.Which of the following functions will give the total distance, in laps, that Josh swims each week? The belief that the united states had the right and duty to expand acroos the north american continent came to be known as which number is greater than -24(A) -42(B) -27(C) -16 (my answer **)(D) -30 Planning events together with a colleague can help early childhood teachers A. focus more time on instructional activities. B. get to know each other's likes and dislikes. C. escape the responsibility of planning events. D. combine resources and share the load of responsibility in planning such events. A warning sign of the female athlete triad includes: Read the following sentence. The mistrust that existed between the managers and their employees resulted in a drop in work production. What does mistrust mean? A. cooperation B. no trustC. good feelings D. guidance