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Question 1:
i) What is a public good? Discuss how the free rider problem might be a problem in the provision of a public good.
ii) What do we mean by ‘‘market failure''? Explain the different types of market failures that may arise in an economy.
Question 2:
i) How will you identify a good tax system?
ii) Describe the different components in the budgetary process of the Mauritian Government. How will you justify the present budget deficit?
return of invesment..
A owns all of the stock of X. The stock’s basis is $2,300. X has a total of current earnings and profits of $1,500 but accumulated earnings and profits of negative $500 (i.e., an
Q. Define the Tax Year? Tax Year -Period used to compute a taxpayer's TAXABLE INCOME is tax year. It's an annual period which is either a calendar year , FISCAL YEAR or fractio
In an effort to reduce alcohol consumption, the government is considering a $1 tax on each gallon of liquor sold (the tax is levied on producers). Suppose that the supply curve for
Assignments for Portfolio Development In order to demonstrate college-level mastery of the course objectives, you will be required to write a narrative for your electronic port
I WOULD LIKE TO KNOW ABOUT GST. FROM WHERE IT HAVE COME AND HOW IT WORKS. ALSO INFORM ME WEATHER IT IS APPLICABLE IN INDIA OR NOT.
The XYZ Corporation has total earnings of $20 million and decides to pay its stockholders a dividend of $8 million. If the corporate tax rate is 30% and the personal tax rate on in
a. You are engineering a Leveraged-Buy-Out (LBO) of ACME Industries, an industrial bottle maker. After the LBO, the firm will be financed with 90% debt and 10% equity. Fred Farber,
Q. Which are the allowances are exempted from the income tax? Ans: 1. Uniform Allowance and Sumptuary Allowance 2. Death cum Retirement gratuity received by Government
Ken, a resident, is a handyman who contracts with people to do a variety of jobs including repairing fences, fixing household items and small painting jobs. As part of this work, K
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