Why is tax not a capital receipt
Illustrate, why is tax not a capital receipt?
Expert
Tax is not a capital receipt since it neither leads to the creation of liability nor to reduction in assets. However, a tax is the revenue receipt.
Economic systems differ according to which two main characteristics?
The consumer gains from being capable to purchase at a single price rather than paying all that the particular quantity of the good is subjectively worth are: (i) Adverse selections. (ii) Market exploitation. (iii) Consumer surpluses. (iv) Moral hazards.
What is the basic difference between Market Supply and Individual Supply?
Reallocation of resources: In case, the market economy fails or does not attain the desired social objectives, the government has to interfere via budget and reallocate resources accordingly. Through its budgetary
Bank rate: This is the rate at which the central bank loans money to commercial bank.
Elucidate the differences among the frictional, structural, and cyclical forms of unemployment.
Categorize the borrowings and recovery of loans into capital and revenue receipts of government budget. Give reason too.
No need apa format no need introduction and conclusion Only answer question being ask, thanks
The least apparent illustration of how decisions are generally ‘at the margin’ would be: (i) Purchasing an additional novel after learning that all paper-backs at Borders are on sale for 25 percent off. (ii) Tossing a 6-year old cousin to the deep end of t
What are the “powers of the Federal Reserve
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