The correct option is, the quantity of tires bought and sold in the market is reduced.
<h3>When tires are taxed and sellers of tires are required to pay the tax to the government?</h3>
- The amount of tires purchased and sold on the market decreases when tires are taxed and tire vendors are compelled to pay tax to the government.
- The loss of consumer and producer surpluses that are not accounted for in government revenue.
<h3>When a tax is placed on a product the price paid by buyers?</h3>
- In general, taxes increase the price consumers pay, decrease the price sellers receive, and decrease the amount of goods sold.
- A tax must result in a deadweight loss if it is imposed on a good and sales volume is decreased.
<h3>What is deadweight loss?</h3>
- The cost of market inefficiency, which happens when supply and demand are out of balance, is known as a deadweight loss.
- Deadweight loss, a term mostly used in economics, refers to any deficit brought on by an ineffective resource allocation.
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Use Newton's Second Law: Fnet = ma
where Fnet = total net force, m = mass of object, and a = acceleration of object.
You are given Fnet = 26N and m = 4.0kg. Plug them into the equation and solve for a:
The answer is 6.5 m/s^2
Answer: The secondary source on a topic may be biased because the information is translated and the text and information could be altered
Explanation:
Id take buyer 2 offer because hes doubling what your asking for it
Answer:
d $250,000; subtracted from
Explanation:
Sales of U.S. Treasury bills to the banking system by the Fed is a contractionary monetary policy that will reduce the money supply.
Based on the money supply multiplier, the amount of the reduction in money can be calculated as follows:
Amount of reduction in money supply = $25,000 / 10% = $250,000.
Therefore, if the banking system does NOT want to hold any excess reserves, <u>250,000</u> will be <u>substracted from</u> the money supply.