Problem on tax system
In the figure shown below, line T0 depicts a tax system which is: (1) Progressive. (2) Regressive. (3) Proportional. (4) Unbiased. (5) Recessive. Please someone suggest me the right answer.
In the figure shown below, line T0 depicts a tax system which is: (1) Progressive. (2) Regressive. (3) Proportional. (4) Unbiased. (5) Recessive.
Please someone suggest me the right answer.
how many systems of note issue are there??
What points out zero primary deficits? Answer: Zero primary deficits signify that the government has to resort to borrowings simply to make interest payments.
"The economic cost of unemployment is measured by the GDP gap." Explain this statement. ?
Describe whether the sale of old scooter is comprised in national income?
Question: Compare and contrast 'adaptive expectations' (Hubbard uses adaptive expectations) and 'rational expectations' in modeling expectations. Answer:<
When heroin were legalized, in that case the: (w) market price of heroin would drop considerably. (x) demand would raise although supply would decrease. (y) demand would decrease but supply would increase. (z) price of cocaine would raise. Q : Why tax considered as revenue receipt Why is tax considered as revenue receipt? Answer: Since tax neither makes a liability for government nor decreases assets of the government.
Why is tax considered as revenue receipt? Answer: Since tax neither makes a liability for government nor decreases assets of the government.
Economic systems differ according to which two main characteristics?
Why the repayment of loan is a capital expenditure? Answer: Repayment of loan is taken as a capital expenditure since it diminishes the liabilities of Government.
Why the borrowings by Government are taken as capital receipts?
18,76,764
1956281 Asked
3,689
Active Tutors
1445338
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!
