Justify the present budget deficit, Taxation

Assignment Help:

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?

Related Discussions:- Justify the present budget deficit

During the current year, During the current year, Deborah Baronne, a single...

During the current year, Deborah Baronne, a single individual, paid the following amounts: Federal income tax $10,000 State income tax $4,000 Real estate taxes on land $1,400

Collective investment fund, A fund that is managed by a trust company or a ...

A fund that is managed by a trust company or a bank and deals with pooled collection of trust accounts. Collective investment funds combine together the assets of several individua

1040 problem, Amy R. and David T. Smith are married and live at 123 Main St...

Amy R. and David T. Smith are married and live at 123 Main Street, Stafford, VA 22554. Dave is self-employed as a web developer and Amy is a commercial refrigeration sales represen

Sales tax, I got confused with the numbers on these parts: 1. "The $3,600 o...

I got confused with the numbers on these parts: 1. "The $3,600 of property taxes for the house in Orlando were prorated with $1,950 being apportioned to the seller and $1,650 being

Liquadiation, Realty Corporation owns a rental building (its only asset) wi...

Realty Corporation owns a rental building (its only asset) with a gross fair market value of $1,000,000, subject to a nonrecourse mortgage of $400,000. Realty Corporation''s adjust

Characteristics of a common resource, Suppose there are 40 commuters in App...

Suppose there are 40 commuters in Apple Valley, Minnesota who commute to downtown Minneapolis. They have two options for getting downtown: they can take the light rail or they can

Discussion Post, Background: Thomas and his wife Diana have operated their ...

Background: Thomas and his wife Diana have operated their own children''s daycare for the last three years. They also own the daycare facility, a building and the adjacent land lo

Sedimentary rocks, a. Which type of ripple marks would you expect to see o...

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.

Research, Hi can you help me with my tax research and answer the following ...

Hi can you help me with my tax research and answer the following After reading the Treasury Department Circular 230 and AICPA statement of standard for tax services, answer the fo

Income tax return, Use the following information to complete Phillip and Cl...

Use the following information to complete Phillip and Claire Dunphy's 2012 federal income tax return. If information is missing, use reasonable assumptions to fill in the gaps. Ign

Write Your Message!

Name

Email id

Message

Verfication Code

User Account

All Pages