Why government taken as capital receipt
Why the borrowings by Government are taken as capital receipts?
Expert
Borrowings by Government are capital receipts since they build liabilities or diminish assets. The Government is below obligation to return the amount all along with interest.
Redistribution of Income: Each and every economy strives to achieve a society, where inequality of income and wealth must be minimum. In order to attain this objective via government budget the government spends adequate money on social security schem
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How does a commercial bank make money? Answer: Commercial banks are capable to make credit that is many times greater than deposits received by banks. Money creatio
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What is the basic difference between Market Supply and Individual Supply?
Government tax and transfer payments generally
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