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
An example of an indirect tax is
Income tax
VAT
A tax of profits
Inheritance tax
The federal form of government consists of
central, state and local government
central and state government
state and local government
All the above
The compulsory charge levied by the government is
Licence
Gifts and grants
Loan
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
