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Author Question: Define what is meant by the tax base and give an example. What will be an ideal ... (Read 115 times)

Wadzanai

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on: Jun 29, 2018
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


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InfiniteSteez

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Reply #1 on: Jun 29, 2018
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

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

Bigfoot1984

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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