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Explain the administrative efficiency of taxation with the inclusion of the tax avoidance, tax evasion, tax gap, tax morality. Further, discuss Flexibility
A modest restriction on capital gains exemption will preserve ordinary investors' interests while also increasing tax revenue. The existing tax deduction for housing loan interest of 1.5 lakh can be...
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how supply , demand and price affect the consumer how wants to buy a car and how the compitition among the seller affect the price. how a consumer buy the car at resonable price
1) How supply, demand and price affect the consumer who wants to buy a car. The law of supply and demand explains the relationship between supply and demand and how...
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Suppose that a decrease in the price of X results in less of good Y sold. This would mean that X and Y are A. complementary goods B. substitute goods C. unrelated goods D. normal goods
X and Y are substitute goods because a decrease in price of X means that consumers will demand more of X .Demand for good Y will decrease because consumers will...
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Is Value added tax Considerd as a Proportional tax or as a regressive tax
Value-added tax is a regressive tax. Proceeding from the fact that the poor pay a higher share of their income in the form of VAT than the rich. This statement...
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impact of increase in price level on value of assets,price of imported foreign goods,price of substitute goods and expectation of future prices?
An increase in the price level (Inflation) will cause an increase in average interest rates in an economy.
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What is the difference between intermediate and final goods? Why is the distinction between intermediate and final goods important for measuring GDP?
final goods while final goods are directly used by consumers.(2) Intermediate goods may either finisher or unfinished, but final goods are finished goods.(3) Final goods are an important part of...
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Difference between Consumer price index and Sensitive price index
Consumer Price Index (CPI) is applied in the calculation of the cost of living adjustments by making adjustments on revenue and expense sources. The CPI is calculated by taking changes...
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Q.1.4 Company tax is a: (2) (1) Progressive, direct tax; (2) Progressive, indirect tax; (3) Proportional direct tax; (4) Regressive indirect tax.
Company tax is a progressive direct tax.(1)
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What is the cost of goods sold?
A. The difference between the wholesale and resale prices
B. The wholesale purchase price
C. The selling price
D. The price of any discounts provided
A. The difference between the wholesale and resale prices
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Livelihood assest do not include A.None of the above B.Physical capital C.Human capital D.Social capital
Livelihood assets include physical, human, and social capital.
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