Elucidate state expenditures and receipts for all states
Elucidate state expenditures and receipts for all states in 1998?
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State expenditures and receipts for all states in 1998 are illustrated below:-
1. State revenues primarily come from sales taxes and secondly from personal income taxes.
2. State spending goes for public welfare, education, highways, and health care.
Critically evaluate: “In comparing the two equilibrium positions, it note that a larger amount is actually purchased at a higher price. This disprove the law of demand.”
Adam Smith and the “typical liberal” economists who followed within his footsteps viewed persistent monopolization and market power as: (1) ineffective and best regulated through government. (2) crucial in finding the rate of technological
Use the circular flow model to confirm this assertion for the construction of a new high school in Blackhawk county?
In modern parlance, David Hume statement regarding money which is Tis none of the wheels of trade. And tis the oil, was referring to the notion that money: (i) is relatively costly to produce. (ii) facilitates divisions of labor and specialization and
Briefly describe the meaning of Modigliani- Miller (M and M) approach?
Explain how government might manipulate its expenditures and tax revenues to reduce unemployment?
The competitive market system is least probable to be allocatively unproductive as a result of: (w) externalities and public goods. (x) cutthroat competition and the outsourcing of low-wage jobs to less grown countries. (y) the underproduction of a go
The cornerstone of typical economic theory derived through the work of Jeremy Bentham was the perception of (i) the wages fund. (ii) natural checks on population. (iii) increasing cost. (iv) utility. (v) surplus value. Q : Why producers not be able to find Why producers not be able to find enough paying buyers for “public goods”?
Why producers not be able to find enough paying buyers for “public goods”?
Illustrate how Macroeconomics examines the economy as a whole?
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