………………...is that process in which taxpayer tries to shift burden of tax on others.
A) impact of tax
B) shifting of tax
C) incidence of tax
D) elasticity of tax
Correct Answer:
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Q8: Unfunded debts are those debts which are
Q9: Which one of the following is not
Q10: Government budget is balanced when
A)govt. expenditure outstrips
Q11: The government can collect funds from
A)taxes
B)fees
C)prices of
Q12: Progressive taxes:
A)increase government revenue
B)bring equality in distribution
Q13: The tax levied on the interstate trade
Q14: Which of the following taxes is/are withdrawn
Q16: Shifting of tax depends on ..............of goods.
A)elasticity
B)quality
C)quantity
D)durability
Q17: All type of income received to government
Q18: Lump sum taxes
A)create no excess burden.
B)are not
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