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Economics Admission Tests: Mock Test 33

Taxes and Efficiency Quiz Questions and Answers PDF Download - 33

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The Taxes and Efficiency Quiz Questions and Answers PDF (Taxes and Efficiency Quiz with Answers PDF e-Book) download Ch. 6-33 to study Economics online courses. Practice Design of Tax System Notes Questions PDF, taxes and efficiency Test for BS degree in business administration. The Taxes & Efficiency Quiz App Download: Free Economics App to study economies of scale and international trade, determinants of trade, income determination in closed economy, balance of payments accounting principles, taxes and efficiency test prep for online college classes.

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Taxes & Efficiency Questions and Answers PDF Download: MCQ 33

MCQ: 161

The method of collecting income tax in which the taxes paid increase with the amount of earned income is known as

  1. horizontal equity
  2. vertical equity
  3. proportional tax
  4. progressive tax
MCQ: 162

The concept that refers to the movement of assets out of a country is known as

  1. capital outflow
  2. capital inflow
  3. net outflow
  4. net inflow
MCQ: 163

The investment that enlarges economy's stock of real capital assets thereby adding to productive capacity is called as

  1. gross investment
  2. net investment
  3. private investment
  4. public investment
MCQ: 164

When there is no intervention of international trade, there only comes equilibrium at

  1. domestic balance
  2. worldwide balance
  3. trade balance
  4. trade Benelux
MCQ: 165

With more units of goods or services producing at a larger unit along with fewer input cost, the only concept be achieved is

  1. diseconomies of scale
  2. economies of scale
  3. economic growth
  4. external economies of scale

Taxes & Efficiency Admission Tests: Economics App & eBook Quizzes

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