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Question 1:
(a) Why does Government intervene in the market's allocation of resources even if the economy is Pareto efficient?
(b) What are the principal reasons why markets fail to produce efficient outcomes?
Question 2:
(a) Explain the characteristics of an efficient tax system.
(b) Use demand and supply model to analyse the impact of a specific tax on the producer, consumer and government.
presumptive tax is one way of enforcing compliance with the tax requirements.you are required to define presumptive tax and give examples of situations where presumptive tax is app
a. Which type of ripple marks would you expect to see on the bed of a river? Why? b. Which type would you expect to find on the floor of a standing body of water? Why? c.
Describe how your firm creates value: Q: a. Dividends are tangible. Unrecognized capital gain is paper money. So, Dividends are always preferable to no payouts by the firm. Di
explain 5 threats to auditor
A1 Evaluate the accuracy of the term "New South" in describing the post-Civil War South, and discuss ways in which the term was and was not appropriate. A2 What was the Indian "
How long should receipts be kept?
how much will it be for a 1040 project?
The above figure shows the market for fertilizer. When fertilizer is applied to lawns, it runs off into neighboring streams and ponds, killing fish and creating an external cost.
need tax help requiring tax forms
income tax and its many types
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