Indirect taxes by nature are - (1) degressive (2) regressive (3) progressive (4) proportional

Indirect taxes by nature are - (1) degressive (2) regressive (3) progressive (4) proportional
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(2) regressive Explanation: An indirect tax is one in which the burden can be shifted to others. The tax payer is not the tax bearer. The impact and incidence of indirect taxes are on different persons. Since, most of the indirect taxes are not progressive in nature, individuals may not mind to pay them, In other words, indirect taxes are generally regressive in nature. Therefore, individuals would not be de-motivated to work and to save, which may increase investment.
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Indirect taxes by nature are (1) degressive (2) regressive (3) progressive (4) proportional

Description : Indirect taxes by nature are (1) degressive (2) regressive (3) progressive (4) proportional 

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Last Answer : the value of intermediate consumption 

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Last Answer : equal to personal income minus direct taxes paid by household. 

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The difference between the GNP and the NNP is equal to the - (1) consumer expenditure on durable goods (2) direct tax revenue (3) indirect tax revenue (4) capital depreciation

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Which of the following is an indirect tax ? (1) Capital Gains Tax (2) Excise Duty (3) Wealth Tax (4) Estate Duty

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Which one of the following is NOT an example of indirect tax? (1) Sales tax (2) Excise duty (3) Customs duty (4) Expenditure tax

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Last Answer : there is not direct relationship between the tax payer and the government.

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The demand curve shows that price and quantity demanded are - (1) directly related only (2) directly proportional and also directly related (3) inversely proportional and aslo inversely related (4) inversely related only

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Last Answer : (a) direct proportional relationship with price level.