Major type of expenditure at the state level
What is the most important source of revenue and the major type of expenditure at the state level?
Expert
At the state level the most important sources of revenue are sales, excise, and gross receipts taxes, followed by personal income taxes. The main expenditures are for public welfare, with education running a very close second.
Explain the foundation of economics where society’s material wants are Resource payments correspond to resource categories?
Conception of the “Invisible Hand” by Adam Smith relies on mechanisms like those as underpin: (1) William Stanley Jevons’ “sunspot” theory of business cycles. (2) the biological concept of Homeostasis. (3
Illustrate the 2nd function to promote and maintain competition?
The Wealth of Nations that a pioneering survey of economic treated was published within: (1) 1849 year, and written by Karl Marx. (2) 1936 year, and written by John Maynard Keynes. (3) 1776 year, and written by Adam Smith. (4) 141 BC,
In Wealth of Nations by Adam Smith, opined that the productivity of labor based primarily on: (w) workers’ education. (x) divisions of labor. (y) technologically advanced machines. (z) suitable wage rates. Q : Introduction of the term net present Give a brief introduction of the term net present value? Write down its admittable rules, their merits and demerits?
Give a brief introduction of the term net present value? Write down its admittable rules, their merits and demerits?
Explain of the law of demand?
Illustrate “Other Things Equal” Revisited in Supply and Demand, and Equilibrium?
Question: 1. Long-term Growth, International Trade & Globalization a. In terms of understanding the importance of trade to an economy, the most impor
I have a problem in economics on Resources of private Capitalism. Please help me in the following question. The Private individuals own most resources and find out how they will be employed in an economic system of: (1) Socialism. (2) Capitalism. (3)
18,76,764
1948445 Asked
3,689
Active Tutors
1452562
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!