Important source of revenue and major type of expenditure
What is the most important source of revenue and the major type of expenditure at the Federal level?
Expert
At the Federal level, the most important source of revenue is the personal income tax. The main expenditure is for income security.
Describe briefly Distinction between the term Component cost and Composite cost?
Explain the foundation of economics where society’s material wants are unlimited?
Elucidate the changing rates of Appreciation and Depreciation?
What are the scientific method that Economists use to establish theories, laws, and principles?
Relative to other systems, economies in that people exchange goods or resources directly along with other people for other goods or resources without using money like a usual denominator rely relatively heavily upon: (i) barter. (ii) specialization. (
Question: Explain why the free rider problem makes it difficult for perfectly competitive markets to provide the Pareto efficient level of a public good. Answer:
Why businesses are not really “free” to produce what they wish?
What are the Causes and theories of inflation?
Which two of the six reasons listed in the Last Word do you think are the most important in explaining the rise in participation of women in the workplace? Explain your reasoning.
Fuel stamp programs which subsidize heating oil purchases through low-income households encourage those families to: (w) create more income by working. (x) particularly conserve on their use of fuel. (y) live along with less purchasing power. (z) subs
18,76,764
1956731 Asked
3,689
Active Tutors
1419285
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!