Question
Which of the following is a direct
tax?Solution
Income Tax is a direct tax, as it is levied directly on individuals or entities based on their income. VAT (Value Added Tax), Excise Duty, and Goods & Service Tax are examples of indirect taxes, as they are imposed on goods and services rather than directly on income.
What is the standard deviation of first n natural numbers?
Which of the following Bank has been authorized by the Reserve Bank of India to collect direct and indirect taxes on behalf of the Central Board of Dire...
With fixed costs of $400, a firm has average total costs of $3 and average variable costs of $2.50. Its output is:
If the total revenue from sales of X is given by the equation R=100Q-2Q^2. What is the point elasticity of demand when MR=20
When the expected future marginal product of capital increases, then the IS curve
A monopoly firm has the following demand and cost function
Q = 50-P
Total Cost = 20 + 2Q + 3Q2
Government imposes an exc...
Walraw’s Law states the following:
Which of the following deficits indicates the true current fiscal position of the Indian Economy?
Expansion path is related to production theory similarly ________________ is related to consumption theory
Which of the following is correct regarding the Durbin-Watson Test?
...
