tax by 2% in the next year. If this happens, the corporate tax will be the second lowest one in European Union. Also, local tax imposed on the net sale will be decreased by 25%. These tax reductions will lessen the burden of tire manufacturers. Besides the reductions, the new registration tax on cars, which will be imposed according to the type of engine, model and the level of environment pollut
1. An outline of a nation
A. Characteristics of a nation
a. Language
Spain’s official language is Spanish (español). It is spoken by the vast majority of its people. Spanish has two major dialects—Andalusian and Castilian—which differ in their pronunciation of certain sounds. In a number of regions of Spain other languages are also important. Catalan, a relat
burdens to livelihood, because it affects prices of other commodities. The ratio of grain price in consumption expenditure is 65 % in developing countries, while only 10~20 % in developed countries. Moreover, high grain price causes social insecurity. For example, citizens came out and demonstrated against rising price of tortilla, which is staple food of Mexico, made from corn.
Korea is not an
º Price Floors?
Price floors, like price ceilings, are an attempt by the government to maintain prices at other than equilibrium levels.
whereas a price ceiling prices a legal maximum on prices, a price floor places a legal minimum.
A binding price floor causes a surplus. In case of a price floor, some sellers are unable to sell all they want at the market price.
By co
Late 1997 after the financial crisis due to interlayer polarization in the labor market share decline, the difficult living and low incomes continue to increase. since 2007 the global financial crisis, rising unemployment, income polarization, deterioration of family income, inflation, Household debt and interest burden due to increased sales of credit by various factors, including difficulties i