Type of expenditure at the local level
What is the most important source of revenue and the major type of expenditure at the local level?
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At the local level the most important source of revenue is, by far, property taxes. Education is by far the most important expenditure.
Society gains from the activities of intermediaries which succeed within: (1) falling uncertainty and transaction costs for last consumers. (2) arbitrating strikes and defending workers’ rights. (3) creating productive jobs for unskilled workers
Normal resident: The persons or an institution who lives in a country and whose centre of interest lies in that country is termed as a normal resident of that country.
Illustrate how Macroeconomics examines the economy as a whole?
The market system responses the “for whom?” query with: (i) distributing goods on the basis of require. (ii) using central planning to coordinate production decisions. (iii) catering to consumers with adequate resources to demand goods. (i
What happens to the supply curve when each of these determinants changes?
Illustrate Professional and personal applications?
Question The Current Account captures international fund flows due to net income on (past) investments, net transfers, and i._______________________________, general
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.”
Give a brief introduction of the term Cost of preference shares?
Give a brief introduction of the term Control Factor?
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