Which of the following is an invisible term?
Banking services
Petroleum products
Processed rice
Processed milk
Correct answer is A
No explanation has been provided for this answer.
The formula index of export prices/index of import prices * 100 is used to measure the
Volume of trade between countries
Direction of international trade
Commodity terms of trade
Volume of imports
Correct answer is C
No explanation has been provided for this answer.
Economic development
Economic growth
Domestic investment
Productivity
Correct answer is B
No explanation has been provided for this answer.
Where the burden of a tax finally rests is called
Tax object
Tax rate
Incidence of taxation
System of taxation
Correct answer is C
No explanation has been provided for this answer.
Which of the following is a form of tax evasion?
Wrong declaration of earnings
Payment of flat rate tax
Constant change of employment
Low capacity utilization
Correct answer is A
No explanation has been provided for this answer.