Business Economics Macro MCQs
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Q 11. Which one of the following economists introduced the principle of “Maximum Social Advantage”?
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Q 12. Maximum Social Advantage is achieved,
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Q 13. The difference between total expenditure and total receipts is
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Q 14. The difference between revenue expenditure and revenue receipts is
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Q 15. The most important source of revenue to the states is
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Q 16. The tax on net income of companies is
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Q 17. The tax levied by the union government on income of individuals is known as
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Q 18. Which of the following is not a union tax?
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Q 19. Which of the following is a union tax?
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