1. Describe the taxation systems Then, provide an example for each form of taxation (in your examples, be sure to include the tax rates on income).
2. Describe the laws of supply and demand.Based on these laws, describe the factor(s) that will lead to a movement along the curve for each.Provide an example for each law. Explain each of the factor(s) that will lead to a shift in demand and explain each of the factor(s) that will lead to a shift in supply.Provide an example of each factor.In your example, explain if the shift in the curve will be to the right or left and why.