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 97 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
YES! Correct, THANKS for helping me on my review


lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

For a complete list of videos, visit our video library