VAT is a good example of which kind of tax?
Direct
Ad valorem
Specific
Indirect tax
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
Monetary policy of the Government includes_____________
Raising tax rates
Changing mode of financing Government expenditure
Credit policy
None of the above
Public finance is concerned with the income and expenditure of
Private sector
Agricultural sector
Public authorities
Industrial sector
Fiscal policy is also known as ____________
Monetary policy
Budgetary Policy
Economic policy
None of these above
In ZBB every year is considered as a
Base year
Financial year
New year
Academic year
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
