Question
The Laffer Curve illustrates the relationship
between:Solution
It hypothesizes that there is an optimal tax rate that maximizes revenue. Beyond that point, higher rates discourage economic activity so much that revenue falls.
The Supply Curve shows relation between which of the following?
Consider the following statements: India had plan holiday during 1966-69 due to
1. Indo-Pakistan conflict in 1965.
2. Severe drought fo...
Where is the headquarters of IRDAI located?
Suresh earned an interest of Rs. 645 on principal amount of Rs. 2000 at some rate of compound interest in 2 years. How much more/less interest would he ...
Long term assets having no physical existence but, possessing a value is called as
Fill in the blank with the right choice:
Customers may provide you with their cell number at one point but that doesn’t grant you the right to ...
How many numbers in the range from 100 to 800 are divisible by 8, 12, and 16?
The Maternity Benefit Act, 1961 ensures maternity leave for female employees. What was the original duration of maternity leave before the amendment?
If the ratio of speed of boat in downstream and speed of stream is 4:1, speed of current is 5 km per hr, What would be the distance travelled in upstrea...
Which of the following is NOT a common profitability ratio?