Receipts from taxes
Why are receipts from taxes classified as revenue receipts? Answer: Receipts from taxes are classified as revenue receipts since they do not build liabilities nor reduction in the assets.
Why are receipts from taxes classified as revenue receipts?
Answer: Receipts from taxes are classified as revenue receipts since they do not build liabilities nor reduction in the assets.
Describe when there will be a shortage of the good?
In calculating the GDP national income accountants:
Please brief the knowledge what is long run supply?
IN which situation, there is a deficit in the balance of trade.
What does fiscal deficit in government budget mean? Answer: This means more borrowing on the portion of government.
Define the "full-employment" or "natural" rate of unemployment and give its approximate percentage rate as economists currently define it.
Describe why businessmen mostly wish to open current account in bank?
A prosperous person who made higher and higher incomes yearly would possibly benefit most from: (w) proportional tax system. (x) progressive tax system, much like the one in place today. (y) regressive tax system. (z) fixed percentage tax system. Q : Economics I help with part 2 and the 4 I help with part 2 and the 4 part question.
I help with part 2 and the 4 part question.
Describe Aggregate Expenditure model and also state AD/AS model?
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