What are the strength and weakness
What are the strength and weakness of using per capital national income? give explained answer for query
Since the percentage of income paid in taxes generally declines as taxpayer income increases, standard sales taxes and “sin” taxes [for example, excise taxes upon liquor or tobacco] are illustrations of: (1) proportional t
The market system's answer to the fundamental question "How will the system promote progress?" is essentially:
The fact that most of the necessities for life like water are priced much lower than the frivolities like diamonds is addressed by the: (1) Utilitarian enigma. (2) Law of diminishing marginal utility. (3) Rational ignorance of hypothesis. (4) Paradox of the value. (5)
Write a brief note on plan and non-plan expenditure of the government with illustration. Answer: Plan Expenditure
A tax is shifted forward when the tax burden causes the: (w) consumers to pay higher prices. (x) lower purchasing power for the party bearing the legal incidence. (y) workers to experience lower take home wages. (z) decreased dividends to corporate st
Define fiscal policy? Answer: Fiscal policy is the revenue and expenditure policy of government with a view to combat the state of inflationary or deflationary gap
DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.
Please brief the knowledge what is long run supply?
State the Law of supply and explain the factors that affecting supply of commodity
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