An argument amongst the economists all over the world is going on, on the issue of imposing special taxes on goods and services whose prices do not reflect the true social cost of their consumption, for example, tax on polluting environment. Which of the following are the other examples of such taxes ?
(A) Duties on cigarettes
(B) Duties on alcohol
(C) Tax on gambling and lotteries
(D) Airport Tax
1). Only A
2). Only A & B
3). Only A, B & C
4). All A, B, C & D
1. Net factor income from abroad added to GDP gives:
2. FCRA administered by the Ministry of Home Affairs stands for _____?
3. The producer is in equilibrium at a point where the cost line is
5. Real national income measures:
6. For regulation of the Insurance Trade in the country the Government has formed:
7. If two goods are complements, this means that a rise in the price of one commodity will induce
8. Special Drawing Rights (SDR) facility is available at