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 91 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
Great answer, keep it coming :)


xoxo123

  • Member
  • Posts: 335
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

For a complete list of videos, visit our video library