Define regressive in taxes as percentage of income
Line T2 depicts as in below graph a tax system which is: (i) progressive. (ii) recessive. (iii) proportional. (iv) biased. (v) regressive. How can I solve my economics problem? Please suggest me the correct answer.
Line T2 depicts as in below graph a tax system which is: (i) progressive. (ii) recessive. (iii) proportional. (iv) biased. (v) regressive.
How can I solve my economics problem? Please suggest me the correct answer.
At each possible output level, there a purely competitive firm’s marginal revenue curve is: (w) above its demand curve. (x) below its demand curve. (y) identical along with its demand curve. (z) steeper than its demand curve. Q : Most effective excise taxes during Excise taxes upon cigarettes are most effective during reducing: (1) smokers' discretionary income for other goods. (2) cigarette production. (3) cigarette companies' profits. (4) consumption of snuff and chewing tobacco. Q : Short run expectations Can someone help Can someone help me in finding out the right answer from the given options. When Toyota expected the price at which it could sell its cars to increase in the near future, it’s very short-run response would possibly be to: (i) Raise its supply. (ii) Reduce its su
Excise taxes upon cigarettes are most effective during reducing: (1) smokers' discretionary income for other goods. (2) cigarette production. (3) cigarette companies' profits. (4) consumption of snuff and chewing tobacco. Q : Short run expectations Can someone help Can someone help me in finding out the right answer from the given options. When Toyota expected the price at which it could sell its cars to increase in the near future, it’s very short-run response would possibly be to: (i) Raise its supply. (ii) Reduce its su
Can someone help me in finding out the right answer from the given options. When Toyota expected the price at which it could sell its cars to increase in the near future, it’s very short-run response would possibly be to: (i) Raise its supply. (ii) Reduce its su
Whenever a firm hires workers in spite of of whether the workers pay union dues, then this is: (i) A closed shop. (ii) A union shop. (iii) An agency shop. (iv) An open shop. (v) A scab shop. Choose the right answer from the above o
Can there be certain fixed cost in long run? If not why? Answer: No, there can’t be any fixed cost in long run. The main reason is that there is no fixed inpu
All currency issued by central bank is its monetary liability. Explain how? Answer: The Central Bank is grateful to back the currency with assets of equivalent valu
When Ford raises pickup truck prices 20 percent and Chevy pickup sales rise 12 percent, in that case these goods are _____ as well as their cross elasticity coefficient is approximately _____. (w) complements; 0.6. (x) substitutes; 0.6. (y) subs
What is the formula for primary deficit? Answer: Primary deficit = fiscal deficit – interest payment.
What is Marketability. Write some points for it.
The Supplies of labor from a specified population mainly depend on the: (1) Structure of wage rates. (2) Labor force participation rates of different population sub-groups. (3) Individual preferences for the work and income versus the leisure. (4) Levels of investment
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