Creation of assets or reduction of liability
Illustrate which budget expenses does not result in the creation of assets or reduction of liability. Give illustrations too.
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Answer: Revenue Expenditure does not effect in creation of assets or reduction of liability. These expenditures are incurred for normal running of govt. departments and maintenance of services. For instance: salaries, old age pensions, interest payments, subsidies, grants and so on.
How prices allocate resources?
The balance of trade demonstrates a deficit of Rs 300 crore. The values of exports are Rs 500 crore. Determine the value of imports? Answer: Q : Economics I help with part 2 and the 4 I help with part 2 and the 4 part question.
I help with part 2 and the 4 part question.
Which of the given is a bank? a) Post office saving banks (b) LIC (c) UTI (d) IDBI.
what are the four supply factors of economic growth
Why is tax considered as revenue receipt? Answer: Since tax neither makes a liability for government nor decreases assets of the government.
I have a problem in economics on Price ratios and marginal utility ratios. Please help me in the following question. The efficiency in consumption needs equality of: (i) Income distribution. (ii) All product price and resources. (iii) MC and MR. (iv)
The Financial Account captures international fund flows due to
Task 1 – Commercial banks in United Economy have total deposits of AED 300 billion. Their reserves are AED 15 billion, two- thirds of which are with the Central Bank as deposits. There are AED 30 billion notes outside the banks. There are no coins! Calculate- a) The monetary base. b) The bank
Elucidate the differences among the frictional, structural, and cyclical forms of unemployment.
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