FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Japan raised sales tax rate from 5% to 8% in 2014. Why did the government increase the sales tax rate despite concerns that it may

Japan raised sales tax rate from 5% to 8% in 2014. Why did the government increase the sales tax rate despite concerns that it may slowdown the economy?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Macro Economy Today

The Macro Economy Today

Authors: Bradley R. Schiller, Karen Gebhardt

14th edition

1259291820, 978-1259291821

More Books

Students also viewed these Economics questions

Question

★★★★★
A student is to swing a bucket of water in a vertical circle without spilling any (Fig. 7.32). (a) Explain how this task is possible. (b) If the distance from his shoulder to the center of mass of...

Answered: 1 week ago

Question

★★★★★
In which layer do socket applications belong? (a) Application Layer (b) Transport Layer (c) Network Layer (d) None of the above

Answered: 1 week ago

Question

★★★★★
What do you know of my (the interviewers) research program?

Answered: 1 week ago

Question

★★★★★
Fawn Corporation, a C corporation, paid no dividends and recognized no capital gains or losses in the current year. What is its income tax liability assuming its taxable income for the year is a....

Answered: 1 week ago

Question

★★★★★
Question 2 (20 Marks) The following is the financial statement of Bullseye Enterprise (owned by Encik Borhan) for the year ended 31 December 2020: Note RM Sales Less: cost of sales Gross profit RM...

Answered: 1 week ago

Question

★★★★★
Assignmt. 15 Chapter 15 eBook Show Me How Productivity Measurement, Technical and Allocative Efficiency, Partial Measures Bellamy Company produces handcrafted pottery that uses two inputs: materials...

Answered: 1 week ago

Question

★★★★★
Solve the triangle. A=49,b=8,c=9 a= (Do not round until the final answer. Then round to the nearest tenth as needed.) B= (Do not round until the final answer. Then round to the nearest degree as...

Answered: 1 week ago

Question

★★★★★
Discuss some aspect of the source (http://new-courses.justice.eku.edu/OSH/OSH366/Docs/OSH366W6_SickBuildingSyndrome.pdf) that you found interesting and why

Answered: 1 week ago

Question

★★★★★
Fortune Inc., a manufacturer of plastic materials useful for various textile company, expended P2,050,000 in research and development costs which resulted to a new formula which makes its plastic...

Answered: 1 week ago

Question

★★★★★
a force 4 5 0 N is applied to a small piston of area 5 0 cm ^ 2 on a hydraulic jack. the hydraulic jack is required to lift a load 1 8 9 3 . 2 N . Calculate the area of the larger piston using...

Answered: 1 week ago

Question

★★★★★
What quality related management issues have to be in place in order to support a successful IT integration of e - commerce technology ?

Answered: 1 week ago

Question

★★★★★
What feature best characterizes Nominal group technique ? it is used for large groups of people it uses a visual device like a blackboard to keep track of it determines the importance of responses...

Answered: 1 week ago

Question

★★★★★
14. Think of a positive experience in your life, once you experienced that you had great creativity, great insight or a very strong concentration around some-thing you focused strongly on achieving....

Answered: 1 week ago

Question

★★★★★
How will it feel to have achieved this? Describe this briefly to yourself.

Answered: 1 week ago

Question

★★★★★
What does this look like?

Answered: 1 week ago

Previous Question Next Question