A fiscal policy instrument that can influence the demand ...
A fiscal policy instrument that can influence the demand pattern in an economy is
Government spending
Interest rate
Income tax
Tariff
Correct answer is C
An income tax is a tax that governments impose on income generated by businesses and individuals within their jurisdiction. The higher the rate of taxation, the higher the cost of product or service. This will affect the rate of demand.
The backward bending supply curve of labour indicates? ...
For normal goods the income elasticity of demand is ...
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The greater burden of the taxes on essential goods is borne by ...
Any price below the equilibrium price will lead to ...
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Which of the following is not an item of capital expenditure? ...
One of the major advantages of public enterprises is that ...