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In a simple macro model with no government and no foreign trade, the equilibrium level of national income is the level of income at which
Sales Tax Department
The government department or agency responsible for collecting, administering, and enforcing sales tax regulations and payments.
Sales Tax Percentage
The rate at which sales tax is applied to the purchase price of goods and services, expressed as a percentage.
Merchandise Sold
Goods that have been sold and transferred from the seller to the buyer; this term is often used in the retail and wholesale sectors.
Terms n/30
Payment terms indicating that an invoice must be paid within 30 days, where "n" stands for "net".
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