b. tax breaks
by doing this, the government might make imports cheaper, resulting in increase in imports
the above is answer..
government can increase import through a. export subsidies b. tax breaks c. increase import tax d....
QA) QB) What can help long run growth? a. Tariffs b. Subsidies c. Import protections d. All of the above can help long run growth e. None of the above can help long run growth All else equal, an increase in interest rates a. Increases firm section investment spending (I) b. Decrease firm sector investment spending (1)
Assume we have a closed economy, the following information for the third quarter of 2020 (assume export = import = net export = 0): • National income (excluding net export) = 517,536,000,000 SAR.• Consumption equal 222,526,000,000 SAR.• Government expenditures equal 140,199,000,000 SAR.Assume that the consumption tax rate is 15% (Value Added Tax) and 20% for capital (investment). Solve for the following if it is considered a closed economy:a- Tax revenue. there are two types of tax; sales tax (VAT) and capital...
All of the following illustrate how government can correct for positive externalities EXCEPT a)subsidies, b)regulation, c)government financing and production, d)charging efluent fees (aka Pigouvian taxes)
Question 2 (10 points) The government can address nexternalities through the following: taxes, subsidies and federal reserve policies Oall of the above Onone of the above subsidies, taxes and regulation
Match the example to the correct trade instrument. A. specific tariff B. subsidies C. import quotas D. voluntary export restraints (VERs) E. local content requirements F. administrative policies G. antidumping policies H. ad valorem tariff 1.U.S. imposes 2.5% tariff on imported watches 2. U.S. levies a $1 tariff on imported watches 3. Specific % of television imports must be produced domestically 4. Drug unapproved by FDA is banned in the U.S. 5. U.S. restricts the number of imported video games...
Use the concept of supply and demand to explain why an increase in Medicare subsidies can lead to an increase in health care spending by the government.
1.-In the long run, increased import quotas by Mexico's government would tend to: A: Increase Mexico's imports and decrease its exports B: Decrease imports and increase exports C: Decrease imports and exports D: Increase imports and exports 2.-For the United States, antidumping laws tend to result in: A: Decrease in consumer surplus B: Lower tax revenue for the U.S. government C: A ceiling imposed on foreign prices D: a decrease in producer surplus The U.S> constitution allows the country to...
Provide examples of the following types of government intervention in healthcare: a. Government production b. Subsidies for products c. Taxes on products d. Price regulation e. Quality regulation f. Inaction (Please explain why it is an example as well)
Which of the following is false about subsidies? A. One of the largest beneficiaries of subsidies in most countries is Agriculture. B. They are government payments to domestic producers. C. Subsidies can hurt domestic producers by decreasing competition against foreign imports. D. Subsidies can take forms such as cash grants, loans, and government equity participation.
I. Suppose in Dreamland import elasticity εM = 0.5 and export elasticity εX = 1.2. Currently, Export = 400 & Import = 500. a. To restore trade balance is devaluation effective? Explain! b. To restore the trade balance, government of Dreamland devaluated its currency by 5%. What would be the new trade balance after devaluation? c. How much devaluation is needed to restore the trade balance?