Question and answer
What is gift tax?
Question
Asked 1/23/2015 2:19:01 PM
Updated 4/29/2015 11:54:31 AM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Edited by jeifunk [4/29/2015 11:54:29 AM], Unflagged by jeifunk [4/29/2015 11:54:30 AM]
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Original conversation
User: What is gift tax?

Weegy: The gift tax is a tax on the transfer of property by one individual to another while receiving nothing, or less than full value, in return.


User: What is the effect of import restrictions on prices? a. They cause prices to drop. b. They cause prices to rise. c. They often cause prices to rise steeply and then drop. d. They usually do not have any lasting effect on price. Please select the best answer from the choices provided A B C D

Question
Asked 1/23/2015 2:19:01 PM
Updated 4/29/2015 11:54:31 AM
1 Answer/Comment
This answer has been confirmed as correct and helpful.
Edited by jeifunk [4/29/2015 11:54:29 AM], Unflagged by jeifunk [4/29/2015 11:54:30 AM]
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3
The effect of import restrictions on prices is: They cause prices to rise.


Added 4/29/2015 11:39:10 AM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [4/29/2015 11:54:47 AM]
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Questions asked by the same visitor
the board of governors of the federal reserve is composed of how many members and how long do they serve?
Question
Updated 8/23/2016 2:16:17 AM
1 Answer/Comment
The board of governors of the Federal Reserve is composed of 7 members serving for 14 years.
Added 8/23/2016 2:16:17 AM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [8/23/2016 2:19:53 AM]
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