Receipts from taxes
Why are receipts from taxes classified as revenue receipts? Answer: Receipts from taxes are classified as revenue receipts since they do not build liabilities nor reduction in the assets.
Why are receipts from taxes classified as revenue receipts?
Answer: Receipts from taxes are classified as revenue receipts since they do not build liabilities nor reduction in the assets.
Describe Okun's law? Give an illustration of how it works.
What is the basic difference between Market Supply and Individual Supply?
Can someone help me in finding out the right answer from the given options. The substitution effect is fully explained when: (i) Brandon just eat tofu since he is on a diet. (ii) A rise in the price of corn chips drives up demand for the salsa. (iii)
If $9 is required to buy £2, what is the exchange rate for USA dollar? Answer: £1 = 9/2 = $4.5, i.e., £1 = $4.5.
What occurs to economy, when credit availability is limited and credit is made costlier? Answer: Aggregate demands falls
What is the role of price in market economies?
How can governments seek to control their national economies through fiscal and monetary policies?
What is Supply schedule and how it is related to supply curve?
When speculators are right, their actions: (1) Cause already depressed prices to drop/fall further. (2) Raise the risks to another firm of doing business. (3) Prevent price refuses from their peaks. (4) Reduce both the phase of prices and their volatility across time.
Voluntary unemployment: It refers to a condition when person are not willing to do work at customary market wage rate, though they are receiving a work.
18,76,764
1923045 Asked
3,689
Active Tutors
1427168
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!