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Author Question: Suppose a firm buys $1000 worth of inputs from other firms, hires $1000 worth of labour services, ... (Read 154 times)

xman15.

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on: Oct 12, 2022

Question 1

The most important source of revenue for the Canadian federal government is ________ taxes; the most important source of revenue for Canadian municipal governments is ________ taxes.
◦ property; payroll
◦ sales; property
◦ corporate; sales
◦ income; excise
◦ income; property

Question 2

Suppose a firm buys $1000 worth of inputs from other firms, hires $1000 worth of labour services, and has sales revenue of $2500. The firm's resulting profit is $500. According to a value-added tax such as the GST, this firm would pay taxes on
◦ $2500.
◦ $4500.
◦ $500.
◦ $1000.
◦ $1500.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by xman15. on Oct 12, 2022

mamboz

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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xman15.

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it

elyse44

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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