This topic contains a solution. Click here to go to the answer

Author Question: Define what is meant by the tax base and give an example. What will be an ideal ... (Read 64 times)

Wadzanai

  • Hero Member
  • *****
  • Posts: 528
Define what is meant by the tax base and give an example.
 
  What will be an ideal response?

Question 2

Nominal GDP measures the value of all final goods and services at base-year prices.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

InfiniteSteez

  • Sr. Member
  • ****
  • Posts: 340
Answer to Question 1

The tax base is the measure or value upon which a tax is levied. Examples might include income, goods and services, wealth, property, etc.

Answer to Question 2

FALSE




Wadzanai

  • Member
  • Posts: 528
Reply 2 on: Jun 29, 2018
:D TYSM


parker125

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

For a complete list of videos, visit our video library