Liability of tax problem, If the liability to give a tax is on one person and the burden

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.

View Complete Question

Related Questions in Macroeconomics

Q : Normative goals of macroeconomic

Commonly agreed-upon normative goals of macroeconomic policy do not include: (w) high employment. (x) price-level stability. (y) redistributing wealth through the rich to the poor. (z) economic growth. Can someone

Q : One party to a transaction deceives

If one party to a transaction deceives another party prior to a deal be reached, this is termed as: (i) Bad luck. (ii) Adverse selection. (iii) Moral hazard. (iv) Polyandry. (v) Rational ignorance. Please someone suggest me the rig

Q : Unemployment (a) Do you think that

(a) Do you think that macroeconomic policy should be designed to achieve a measured unemployment rate of zero?

Q : From the heterodox approach From the

From the heterodox approach, what options does the enterprise have to produce more output? What impact do these options have on its cost structure?

Q : Opportunity costs of consumption

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