A public good
is provided by the government
Is free
Has the properties of being non executable and non diminishable
Has external cost
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
Tax revenue deals with the
Fees
Kinds of taxes
Revenue
Non tax revenue
Monetary policy of the Government includes_____________
Raising tax rates
Changing mode of financing Government expenditure
Credit policy
None of the above
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
VAT is a good example of which kind of tax?
Direct
Ad valorem
Specific
Indirect tax
The compulsory charge levied by the government is
Licence
Gifts and grants
Loan
Tax