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Determine the principle of equity
The principle of equity is that a tax must be fair and the tax is levied on those with the ability to pay tax.
The principle of efficiency is that tax must be easy to collect and that government must not have to spend a disproportionate amount of money enforcing the collection of tax.
The Australian government administers two programs that affect the market for cigarettes. First, media campaigns and labelling requirements aimed at making public aware of the dan
Because discretionary Income = the money people have left over once they have paid for all of their basic needs (Food, Clothing, Shelter). You could also call it Disposable Inc
#question.distinguish between economic growth and economic development.
Who is considered unemployed?
concepts of land economics?
Q. Explain about Nominal wage level? In macroeconomics, we are usually not interested in the wage for a specific individual though in the average wage for all employed individu
factor for long run trend of term of trade
Buying government securities: When a commercial bank buys government bonds, the effect is substantially the same as that of lending - new money is created. To
How price level rises differ from price rises In macroeconomics, it's common to use term "prices" or "price" as short for price level. Expression "prices rise" must be interpre
Name the largest budget deficit country In 2009 Greece was eurozone country with largest budget deficit (about 16.0% of GDP), while Finland was the country with the smallest bu
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