{"id":1233,"date":"2022-07-22T10:35:06","date_gmt":"2022-07-22T10:35:06","guid":{"rendered":"https:\/\/www.greatassignmenthelp.com\/questions\/?p=1233"},"modified":"2023-12-21T06:20:33","modified_gmt":"2023-12-21T06:20:33","slug":"given-the-following-hypothetical-data-for-a-country-answer-the-questions-that-follows-the-numbers-are-in-millions-of-dollar","status":"publish","type":"post","link":"https:\/\/www.greatassignmenthelp.com\/questions\/given-the-following-hypothetical-data-for-a-country-answer-the-questions-that-follows-the-numbers-are-in-millions-of-dollar\/","title":{"rendered":"Given the following hypothetical data for a country, answer the questions that follows (the numbers are in millions of dollar)"},"content":{"rendered":"<p>Given the following hypothetical data for a country, answer the questions that follows (the numbers are in millions of dollar)<\/p>\n<p>Import tax = 1725\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Personal income tax = 225\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Excise tax = 800\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Capital expenditure = 4000<\/p>\n<p>Non-tax revenue = 3000\u00a0 \u00a0 \u00a0 \u00a0 Business profit tax = 1400\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Value Added Tax(VAT) = 2000\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 Recurrent expenditure = 5500<\/p>\n<p>axes on export = 1725<\/p>\n<p>i. Now Calculate:\u00a0\u00a0 \u00a0a.the total amount of indirect tax, \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0b. the total direct tax revenue,\u00a0 \u00a0 \u00a0 \u00a0 c. the foreign trade tax,<\/p>\n<p>d. the total government revenue for the year,\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a0 e. the total government expenditure,<\/p>\n<p>ii. Is there a surplus or deficit? How large is it?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Given the following hypothetical data for a country, answer the questions that follows (the numbers are in millions of dollar) Import tax = 1725\u00a0 \u00a0 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Given the following hypothetical data for a country, answer the questions that follows (the numbers are in millions of dollar)<\/title>\n<meta name=\"description\" content=\"Given the following hypothetical data for a country, answer the questions that follows (the numbers are in millions of dollar)Import tax = 1725\u00a0 \u00a0 \u00a0\u00a0 Personal income tax = 225\u00a0 Excise tax = 800\u00a0Capital expenditure = 4000\u00a0Non-tax revenue = 3000\u00a0 \u00a0 \u00a0 \u00a0 Business profit tax = 1400\u00a0 \u00a0\u00a0 \u00a0 Value Added Tax(VAT) = 2000\u00a0 \u00a0 \u00a0 Recurrent expenditure = 5500\u00a0axes on export = 1725\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.greatassignmenthelp.com\/questions\/given-the-following-hypothetical-data-for-a-country-answer-the-questions-that-follows-the-numbers-are-in-millions-of-dollar\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Given the following hypothetical data for a country, answer the questions that follows (the numbers are in millions of dollar)\" \/>\n<meta property=\"og:description\" content=\"Given the following hypothetical data for a country, answer the questions that follows (the numbers are in millions of dollar)Import tax = 1725\u00a0 \u00a0 \u00a0\u00a0 Personal income tax = 225\u00a0 Excise tax = 800\u00a0Capital expenditure = 4000\u00a0Non-tax revenue = 3000\u00a0 \u00a0 \u00a0 \u00a0 Business profit tax = 1400\u00a0 \u00a0\u00a0 \u00a0 Value Added Tax(VAT) = 2000\u00a0 \u00a0 \u00a0 Recurrent expenditure = 5500\u00a0axes on export = 1725\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.greatassignmenthelp.com\/questions\/given-the-following-hypothetical-data-for-a-country-answer-the-questions-that-follows-the-numbers-are-in-millions-of-dollar\/\" \/>\n<meta property=\"og:site_name\" content=\"Questions - 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