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प्रश्न
State whether the following statement is True or False with reason:
Autonomous consumption expenditure cannot be zero.
उत्तर
True. autonomous consumption expenditure cannot be zero.
Explanation:
Autonomous consumption expenditure is the minimum expenditure which takes place irrespective of the income. In other words, it is the basic consumption of individuals when the level of income is zero. Such expenditure cannot be zero.
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संबंधित प्रश्न
Distinguish between the following.
Direct tax and Indirect tax.
Give reasons or explain the following statement:
It is more appropriate to tax the rich in excess than the poor.
Fill in the blank with appropriate alternatives given below
__________ is an example of direct tax.
State whether the following statement is true or false.
Indirect taxes are paid directly by people to the government.
Give reason of Explain the statement
Income collected from tax is a main source of government revenue.
Distinguish between:
Direct tax and indirect tax
Answer the following question
What are the source of non-tax revenue?
