Why is tax not a capital receipt
Illustrate, why is tax not a capital receipt?
Expert
Tax is not a capital receipt since it neither leads to the creation of liability nor to reduction in assets. However, a tax is the revenue receipt.
How does an internally held public debt differ from an externally held public debt?
A tax will be backward-shifted totally when the: (i) demand curve is vertical and the supply curve is slopes up. (ii) demand curve slopes down and the supply curve is vertical. (iii) supply curve is perfectly elastic and the demand cu
Whenever the price of a good all along a demand curve is modified since of a change in supply, the substitution effect is the modification in purchases of a good which result from a change merely in: (1) The associative price of that good. (2) Consumer tastes and prio
Which of the given is a bank? a) Post office saving banks (b) LIC (c) UTI (d) IDBI.
Individuals maximize the satisfaction whenever the marginal utilities of all goods are: (i) Precisely proportional to the consumer’s income. (ii) Maximized. (iii) Precisely proportional to the opportunity costs of consuming them. (iv) Equivalent
Devaluation means decrease in the external value of a country’s currency as an aware policy measure adopted by the Government of a country. In another words, we make our currency less costly in terms of foreign currency. This builds our goods ch
If the MPC is .70 and investment increases by $3 billion, the equilibrium GDP will:
Explain the concept of “economies of scale” and “increasing returns”.
Gross domestic capital formation is always greater than gross fixed capital formation
Describe the following terms: (i) Business fixed investment (ii) Inventory Investment (iii) Residential construction Investment (iv) Public Investment.
18,76,764
1929334 Asked
3,689
Active Tutors
1442504
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!