Related InterviewSolutions

• If the marginal propensity to consume a) Govt. Expenditure multiplier b) Tax multiplier
• If MPC = 0.5, calculate a) Tax multiplier b) Govt, expenditure multiplier
• Explain why the tax multiplier is smaller in absolute value than the government expenditure multiplier.
• IF MPC = 0.5,What is the value of tax multiplier (i) 0.5 (ii) 0 (iii) 1(iv) 2
• Which of the following is not a major item of revenue expenditure? (i) defence service (ii) subsidies (iii) interest payment(iv) acquisition of land
• Identify indirect tax from the following (i) Income tax (ii) Profession tax (iii) Wealth tax (iv) Customs duty
• Find the odd man out and reason. 1. Excise duty, fees, fines, penalties. 2. Income tax, sales tax, customs duty, excise duty.
• State the objectives of government budget.
• Classify the following budget receipts into revenue receipts and capital receipts. Borrowing, tax revenue, fines and penalties, fees, Recovery of loans, disinvestment, special assessment, small savings.
• Name the economic terms. 1. The receipts of the government which are non- redeemable 2. The receipts of the government which creates liability