Advertisements
Advertisements
प्रश्न
Explain how taxes can bring about equality in income distribution.
उत्तर
Budgetary measures, including taxation policies, are implemented by the government to assist reduce income and wealth disparities. It tries to impact income distribution by levying high taxes on the wealthy and lowering taxes on necessary products for the poor. This will diminish the income of the wealthy, hence reducing inequities in income and wealth distribution.
APPEARS IN
संबंधित प्रश्न
Answer the following question in one or two sentences.
Explain the term deficit Financing.
The debt which yields income to the government is called as ______.
______ are worst affected during the period of inflation.
Observe the relationship of the first pair of words and complete the second pair.
During inflation the debtors gain.
During inflation the ______ lose.
Which of the following section of the society is most adversely affected by inflation?
Mention the effect of inflation on the value of money.
State the effect of inflation on creditors.
Why do producers gain in the short run during inflation?
How does inflation affect the distribution of income?
How does inflation affect the following?
Debtors and creditors
