Define a tax. distinguish between direct taxes and indirect

Assignment Help International Economics
Reference no: EM13321071

What is a tax? Explain with the help of suitable examples the basis of classifying taxes into direct and indirect taxes.

Or

Define a tax. Distinguish between direct taxes and indirect taxes with the help of examples. 

Reference no: EM13321071

Questions Cloud

Explain which a mixed solvent recrystallization method : Briefly explain the circumstances under which a mixed solvent recrystallization method would be used to recrystallize a given compound.
Find the pressure head at the lower end of the pipe : A vertical pipe of 4ft diameter and 60 ft long has a pressure head of 22.7 ft of water at its upper end. when the flow of water through it is such that the mean velocity is 16 fps, the pipe friction head loss is hf = 2.8 ft.
Distinguish between current account and capital account of : Distinguish between current account and capital account of balance of payment account. Mention any two transactions of capital account.
Calculate horizontal scale factor and effective conductivity : It is proposed to estimate the seepage flow rate through the foundation soil using the flow net sketching technique. For this purpose, calculate the horizontal scale factor and effective hydraulic conductivity of the foundation soil.
Define a tax. distinguish between direct taxes and indirect : What is a tax? Explain with the help of suitable examples the basis of classifying taxes into direct and indirect taxes.
Explain the specific heat of calcuim carbonate : The temperature of a 12.58 g sample of calcium carbonate increases from 23.6 c to 38.2 C. if the specific heat of calcuim carbonate is 0.82 J/g-K, how many joules of heat are absorb
Determine the seepage velocity-v through the sample : The cross-sectional area of the sample was 60 cm2 and its length was 150 mm. For 80 cm3/min steady-state flow rate, a total head difference of 8 cm was measured across two points separated by 10 cm along the axis of the sample.
Explain the concept of deflationary gap : Explain the concept of deflationary gap. Explain any two measures by which a Central Bank can attempt to reduce the gap.
What possible fiscal policy measures can be taken with : What is fiscal policy? What possible fiscal policy measures can be taken with respect to expenditure and income to correct excess demand and deficient demand in the economy?

Reviews

Write a Review

International Economics Questions & Answers

  Briefly discuss the major benefits of nafta

Discuss and explain the major provisions of the North American Free trade Area (NAFTA) agreement. Briefly discuss the major benefits of NAFTA to the U.S. economy.

  How the dollar apprciation will affect us net export

Supposed that, initially, the U.S. economy was in an aggregate demand-aggregate supply equilibrium at point A along the aggregate demand curve AD in the diagram in the next column. Now, however, the value of the U.S. dollar has suddenly appreciate..

  Deregulating electric utilities

In May 1996, two Clemson University economists came out with a report that discussed that through removing legal restraints on competition between electricity manufactures,

  Impact of factors on firms

Give full explanation for your answers, and using a nation that you select for illustration, discuss which companies are likely to gain and which firms are likely to lose from:

  Why are there no runs on banks in the us today

Does the fact that there are no "runs on banks" mean that all banks in the U.S. are fiscially sound How do banks "create" money, how does the Federal Reserve Bank control this process and how well is this process operating in today's economy

  Calculate the variance and standard deviation of z

What does the constant k have to be equal to for this to be a distribution function and Calculate the expected value of Z.

  Comparative advantage and specialization

Pat Protectionist thinks the United States imports too many goods from low wage nations like China. Pat will often point out items that have "made in China" labels on them and laments the fact

  How much was that measured in the value of the us dollar

You will need to find the CPI for JULY 2011. You will need to find the "Annual Average CPI" for the year you were born. Make sure that you identify your birth year, your birth year CPI, and the JULY 2011 CPI.

  Which allows greater exposure to care alternatives

There has been a shift of emphasis of the consumers of health and human services from professionals and care providers to increasingly include the client system. The stakeholders have increased through participation coupled with the increased volu..

  Explain the increase in the us current account deficit

In 2005, then Federal Reserve Governor Ben Bernanke, now Federal Reserve chairman, said in a speech: "Over the past decade a combination of diverse forces has created a significant increase in the global supply of saving - a global saving glut.

  What is the spot exchange rate a year from now

The interest rate on one-year Canadian government securities is 6 percent and expected inflation rate for the coming year is 2 percent. The U.S. one-year government security instrument interest rate is 4 percent with expected inflation for this co..

  Discuss why oligopolists have a strong incentive to collude

Discuss why oligopolists have a strong incentive to collude and to cheat on collusive agreements and discuss the obstacles to collusion among oligopolistic companies.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd