#1 Which of the following is not a commercial source of energy?
Commercial source of energy such as coal, petroleum & natural gas are obtained commercially whereas fire wood is obtained non-commercially by people from wastelands forestlands in terms of twigs, sticks etc.
#2 The supply-side economics lays greater emphasis on ______.
#3 The main effect of Direct Taxes is on
The basic reason for this is that whereas both the lump-sum tax(or any other general income tax) and an indirect tax reduce consumer’s income and produce income effect, the indirect taxin addition to the income effect, also raises the relative price of the good on which it is levied and therefore causes substitution.
#4 “World Economic Outlook” report is published by which of the following?
A Survey by the IMF staff usually published twice a year. It presents IMF staff economists’ analyses of global economic .
#5 Which one of the following is not an instrument of Fiscal policy?