Nationalization occurs when:
The government sells assets to the private sector
The government bans a product
The government takes ownership of a business
The government taxes a product to raise its price
Tax incidence is the
Behaviour of shifting the tax to another party
Structure of the tax
Ultimate distribution of a tax's burden
Measure of the impact the tax has on employment and output
A public good
is provided by the government
Is free
Has the properties of being non executable and non diminishable
Has external cost
The compulsory charge levied by the government is
Licence
Gifts and grants
Loan
Tax
Fiscal policy is also known as ____________
Monetary policy
Budgetary Policy
Economic policy
None of these above
Monetary policy of the Government includes_____________
Raising tax rates
Changing mode of financing Government expenditure
Credit policy
None of the above
In ZBB every year is considered as a
Base year
Financial year
New year
Academic year
