An involuntary payment of money to govt. by a household or firm for which the household or firm receives no good or services directly in return ?

Related Mcqs:

Nominal income adjusted for inflation__________________?

A. Real income B. Net income C. Total income D. None...

An analytic approach in which we move from facts to theory, from a particular to general is called____________________?

A. Induction B. Deduction C. Generalization D. Randomization...

A tax levied on the cost of a board group of products______________________?

A. Income tax B. Sales tax C. Consumer charge D. None...

Urban migration is causing the labour force to grow at annual rates of _____________in LDC?

A. 10-20% B. 5-7% C. 30-35% D. 35-40%...

A deliberate effort to replace major consumer imports by promoting the emergence and expansion of domestic industries such as textile, shoes etc ?

A. Import substitution B. Export substitution C. Autarchy D. Industrialization...