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Is it microeconomics or macroeconomics the effect of higher income taxes on total amount of consumer spending?
microeconomics
Is Microeconomics or macroeconomics in charge of tax on restaurant meals?
These taxes are part of indirect taxes , though taxes are imposed on individuals and paid by individuals it is a macro concept which is dealt by the govt.... hence it is macro economics in charge of these taxes...... however indirect taxes are managed by the state govt...
Which is not an example of macroeconomics?
cutting state income taxes
The US imposes substantial taxes on cigarettes but not on loose tobacco When the tax on cigarettes went into effect the demand for cigarette rolling machines most likely?
I think the demand increased, causing prices of the machine to increase and quantity purchased to either fall or rise depending on how you look at it
What does the T stand for in macroeconomics?
In macroeconomics, "T" often stands for "taxes." It represents the government's revenue from taxation, which plays a crucial role in fiscal policy and overall economic activity. Changes in tax rates can influence consumer spending, investment, and economic growth.
Is it microeconomics or macroeconomics the effect of higher income taxes on total amount of consumer spending?
microeconomics
Is Microeconomics or macroeconomics in charge of tax on restaurant meals?
These taxes are part of indirect taxes , though taxes are imposed on individuals and paid by individuals it is a macro concept which is dealt by the govt.... hence it is macro economics in charge of these taxes...... however indirect taxes are managed by the state govt...
Is not an example of macroeconomics?
cutting state income taxes
Which is not an example of macroeconomics?
cutting state income taxes
Taxes on items like cigarettes and alcohol are called?
Sin Taxes
Are non smokers being taxed on cigarettes?
No, only those who buy cigarettes pay cigarette taxes (and it is possible for non-smokers to buy cigarettes, but they probably won't).
What can the government do to control consumption of alcohol and cigarettes?
Raise excise taxes
Why does government support selling of cigarettes?
Because they get billions of pounds from taxes!
The US imposes substantial taxes on cigarettes but not on loose tobacco When the tax on cigarettes went into effect the demand for cigarette rolling machines most likely?
I think the demand increased, causing prices of the machine to increase and quantity purchased to either fall or rise depending on how you look at it
Will cigarette taxes have the desire efeect of reducing the demand for cigarettes?
nope. if a smoker had enough money for a packet of cigarettes and no lunch, they would buy the cigarettes and skip lunch! smokers will buy cigarettes no matter how much they cost.
How much is the tax on a pack of cigarettes in California and can you deduct that tax on your taxes?
Are you on drugs? You want the government to give you back the taxes you pay on cigarettes? You realize that the reason the taxes are so high is mainly as a deterrent to smoking, as well as to generate revenue. Why would they give you this money back!!
What was one effect of british taxes on colonist?
One effect of the new British taxes on colonist were protests.
