Liability of tax problem
If the liability to give a tax is on one person and the burden of tax fall on some other person, state the kind of tax? Answer: These are indirect taxes like sales tax.
If the liability to give a tax is on one person and the burden of tax fall on some other person, state the kind of tax?
Answer: These are indirect taxes like sales tax.
Economic systems differ according to which two main characteristics?
Define revenue receipts. Write the groups in which they are categorized. Answer: Any receipts that do not either make a liability or lead to reduction in assets is
Explain in short the income approach to evaluate national income. Answer: Under income method to compute the National Income, the steps given below have been taken into account: A) First of all production units tha
Does full employment take place if AD = AS or S = I?
What are the Steps to analyze modifications in equilibrium?
How can governments seek to control their national economies through fiscal and monetary policies?
What are the “powers of the Federal Reserve
What are the strength and weakness of using per capital national income? give explained answer for query
Explain with examples the reasons for exceptional demand curve
Definition of equilibrium price: It is the price which balances quantity demanded and quantity supplied. The equilibrium price is frequently termed as the "market-clearing" price since both buyers and sellers are p
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