For which of the following reasons is VAT considered a very important revenue generator for a government?
a. It is regressive in nature
b. It targets only individuals in the high income class
c. It cannot be avoided by individuals
d. It boosts a country's export
e. It lowers a country's import
c
Economics
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Collateralizable wealth is
A) wealth in non-tangible assets. B) any asset that can be used to obtain a loan. C) wealth that increases and income increases. D) wealth based on mortgage lending.
Economics
To counter the recession of 2008-2009 President Obama and congress created a large increase in government expenditures
a. True b. False Indicate whether the statement is true or false
Economics