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Question 1
a) What are the main characteristics of an Efficient Tax system?
b) What are the instruments of Public Finance and explain their efficiency.
c) Explain what is meant by merit goods and why Government always promotes such type of goods.
Question 2
a) Distinguish between Direct and Indirect Tax and their effectiveness in maximizing Government Revenue.
b) Explain and Evaluate in which phase of the economic cycle, the Government will be more likely to maximise Public Finance and what policy implication the Government will adopt?
c) Discuss the Impact of an ageing Population on the Government's Budget
Explain about the monetary role of banks. The Monetary Role of Banks: • A bank is a financial intermediary. • Bank reserves are the currency banks hold within their va
jack needs to borrow $1000 for the next year. Bank south will give him the loan at 9%. Suncoast will give him the loan at 7% with a $50 loan orgination fee. First national will giv
Homework Chapter 4 A mortgage loan in the amount of $100,000 is made at 12% interest for 20 years. Payments are to be monthly in each part of this problem. a. What will monthly
Assumptions Underlying Percentage of Sales Method The fundamental supposition underlying the use of % of sales method is such, there is no inflation in the economy such is the
Evaluate the probability of 10 or more customers arriving within 2 hours if on average 7 customers arrive within one hour. Customers arrive independently.
1) What is the holding period return to an investor who bought 100 shares of Charter Oil nine months ago for $36 a share, received two $50 dividend checks, and sold the s
Example of Baumol's Model ABC Ltd. creates cash payments of Shs.10, 000 per week. The interest rate at marketable securities is 12 percent and every moment the company sells
a. In the accompanying diagram (which represents the market for chocolate candy bars), the initial equilibrium is at the intersection of S1 and D1. Circle the new equilibrium if t
How to calculate the present value of assignment??
project report on it
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