Reallocation of resources-Government budget
Describe the Reallocation of resources objective of the government budget.
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Through Budgetary policy the government directs the assigning of resources in a way such that there is a balance among goal or of gain maximisation and social welfare. The Government can give subsidy and reduction in tax rate to motivate investment into regions where private sector initiative is not coming. Production of goods that are injurious to social life is discouraged via heavy taxation.
Winning $50,000 yearly for 20 years is similar as winning: (w) $1 million today. (x) less than $1 million today. (y) more than $1 million today. (z) $100 per day, forever. Hello guys I want your advice. Please recommend some views
The assertion which unions are more powerful nowadays than ever before is: (i) Supported by the consequences of the union contracts on an inflationary spirals. (ii) Reflected in the growing proportion of workers included in violent, protracted and costly strikes. (iii
When the interest rate is 5% and a financial investment produces annual payments of price $50,000, in that case the present value of this asset is: (w) $1,000,000. (x) $5,000,000. (y) $500,000. (z) $10,000,000. Q : Economies of positive scale with When economies of scale are full time positive in an industry, in that case the industry will: (1) evolve into a natural monopoly. (2) become inefficient before it gets very huge. (3) be unregulated by government. (4) be not capable to compete along w
When economies of scale are full time positive in an industry, in that case the industry will: (1) evolve into a natural monopoly. (2) become inefficient before it gets very huge. (3) be unregulated by government. (4) be not capable to compete along w
Income is distributed before taxes and transfers in the United States such as, in 2003 year, the lowest quintile [20%] earned around: (w) 4% of all income and the highest quintile earned over half of all income. (x) 5% as much as the highest quintile.
The curve which could demonstrate the demand for a good which has price elasticity equal to one is within: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D. Q : Help In the quintile distribution of In the quintile distribution of income, the term "quintile" represents
In the quintile distribution of income, the term "quintile" represents
Can someone help me in finding out the right answer from the given options. Working time gone in strikes as the percent of net working time in the United States since from the end of World War II has: (1) Rose to around 20 percent. (2) Reduced to a bit over 6 percent.
Elucidate the central problems of an economy: A) What to produce? B) How to produce? C) For whom to produce? Answer: Q : Effects of average production costs on The economies of scale exist whenever average production costs: (1) Increase as the level of output increases. (2) Drop as the level of output increases. (3) Stay similar as the level of output increases. (4) Drop as the level of output drops. Discover Q & A Leading Solution Library Avail More Than 1457355 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1931552 Asked 3,689 Active Tutors 1457355 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
The economies of scale exist whenever average production costs: (1) Increase as the level of output increases. (2) Drop as the level of output increases. (3) Stay similar as the level of output increases. (4) Drop as the level of output drops. Discover Q & A Leading Solution Library Avail More Than 1457355 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads No hassle, Instant Access Start Discovering 18,76,764 1931552 Asked 3,689 Active Tutors 1457355 Questions Answered Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!! Submit Assignment
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