development economics
Government tax and transfer payments generally
In calculating the GDP national income accountants:
Why is tax considered as revenue receipt? Answer: Since tax neither makes a liability for government nor decreases assets of the government.
‘Over the precedent 30 years, and particularly as our entry into the EU, imports (and exports) as a proportion of GDP have increases considerably in the UK. What influence has this had on the value of multiplier in the UK?’
Explain evaluation of net present value (NPV) and internal rate of return (IRR) in brief?
Please brief the knowledge what is long run supply?
When a tax on goat cheese is completely paid by consumers via higher prices, then the tax has been: (i) alleviated. (ii) Forward shifted. (iii) Backward shifted. (iv) Actualized. (v) Randomized. Can someone help me in getting throu
What occurs to economy, when credit availability is limited and credit is made costlier? Answer: Aggregate demands falls
An illustration of how marginal utility diminishes takes place when: (1) Derek finds it tough to laugh politely when he hears a “new” joke for the fourth time now. (2) Amy Sue chooses she would instead have 150 hogs than 151 on her pig far
what are the four supply factors of economic growth
What are the strength and weakness of using per capital national income? give explained answer for query
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