Analyst Questions

Sales tax is an additional amount of money you pay based on a percentage of the selling price of goods and services that are purchased.

For example, if you purchase a new laptop Rs. 40000 and live in an area where the sales tax is 6%, you would pay Rs.2400 in sales tax.

Panama Canal is called the 'Gateway of the Pacific'.

An improvement in technology would shift the supply curve rightward.

Mercury is the only metal that is in liqid form at room temperature. Caesium, Gallim and Rubidium are also metals that are in liquid form but at slightly high temperature than the room temperature.

Disposable income is the amount of money that households have available for spending and saving after income taxes have been accounted for.

A decline in disposable income means a movement down along an economy's consumption schedule.

Laterite soils are a tropical soil and possess a great amount of iron and aluminum. Due to its high iron oxide content they look like rusty-red coloration.