Revenue receipts treated as legally compulsory payment
Which kind of revenue receipts are considered as legally compulsory payment imposed on people by the government? Give illustration also. Answer: Taxes imposed on the people by the government like income tax, sales tax and so on.
Which kind of revenue receipts are considered as legally compulsory payment imposed on people by the government? Give illustration also.
Answer: Taxes imposed on the people by the government like income tax, sales tax and so on.
A firm is most certain to be capable to generate an economic profit when: (1) this is a monopoly. (2) entry within its industry in the short run is prevented through barriers to entry. (3) its marginal costs are less than the marginal costs of its com
A) Use the table below to draw graphs that show the relationship between price elasticity of demand and total revenue. <
The economic system which depends associatively the least for its effectiveness and overall success on honesty and of members of economically and socially most elite groups in the system are nearly certainly: (1) Oligarchintegrity and hum
Government banks function: The central bank conducts the banking account of the government departments. This performs similar banking functions for the government as commercial bank executes for its customers. This accepts their deposits and undertake
When households become increasingly willing to defer current consumption in order that they can enjoy greater future consumption, in that case the: (1) interest rate rises. (2) equilibrium investment level rises. (3) present value of
How do economy affects when there is reductions in government spending?
The fixed costs of a purely competitive firm are: (w) incurred within the short run even if no output is produced. (x) wage payments and raw materials costs. (y) the bulk of short run opportunity costs. (z) not found by earlier decisions.
When you buy a bond at an interest rate of 15 percent and sell it while the interest rate is 10 percent, then you will: (w) receive more than you paid for the bond. (x) receive less than you paid for the bond. (y) receive similar amount that you paid
From the point of view of management, the favored union membership ranking (that is, most favored to least favored) would be: (i) Closed shop, union shop, agency shop and open shop. (ii) Open shop, agency shop, union shop and closed shop. (iii) Agency shop, open shop,
Barter system: It is the Exchange of goods for goods is termed as barter system.
18,76,764
1958919 Asked
3,689
Active Tutors
1418343
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!