Answer: A surplus because the price is higher than equilibrium price
A value-added tax (VAT) known in some countries as a goods and services tax (GST) is a type of tax that is assessed incrementally. It is levied on the price of a product or service at each stage of production distribution or sale to the end consumer. If the ultimate consumer is a business that collects and pays to the government VAT on its products or services it can reclaim the tax paid.
Sex is a 1992 book written by American entertainer Madonna with photography by Steven Meisel Studio and Fabien Baron.It was edited by Glenn O’Brien and published by Warner Books Maverick and Callaway.The book features adult content including softcore pornography and simulations of sexual acts including sadomasochism.
Increases from 2014 to 2016 averaged 3.5% while increases from 2017 to 2019 averaged 4.3%. Deductibles for single coverage averaged $1 655 in 2019 similar to 2018. However this was 41% above the $989 for 2014. The percentage of workers with an annual deductible over $2 000 increased from 16% in 2016 to 22% in 2019.
In 2018 Wired magazine …