Absolute and relative sizes of the public debt
How do economists distinguish among the absolute & relative sizes of the public debt?
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There are two method of measuring the public debt: (a) measure its absolute dollar size; (b) measure its relative size like a percentage of GDP.
Shared Revenue: It is a state-imposed tax, like the gasoline tax, that is shared with the local governments in proportion, or significantly in proportion, to the amount of tax collected or generated in each local unit. The tax might be collected eithe
what are the advantages and disadvantages of working capital source of finance
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FERA stands for The Federal Emergency Relief Administration. The program was renamed as a direct relief operation in Roosevelt Administration. It was a form of an unemployment insurance.
Define the term Unencumbered Balance: It is the balance of an appropriation not so far committed for particular purposes.
Sunset Clause: The language contained in a law which states the expiration (termination) date for that statute.
Why is the coefficient of variation a better risk measure to employ than the standard deviation while evaluating the risk of capital budgeting projects? The coefficient of variation is a better risk measure than the standard deviation alone sinc
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