Question : Concept of indirect taxes and subsidies exist in __________ economy.

Option 1: Two sector

Option 2: Three sector

Option 3: Four sector

Option 4: Both B & C

Question

Question : Concept of indirect taxes and subsidies exist in __________ economy.

Option 1: Two sector

Option 2: Three sector

Option 3: Four sector

Option 4: Both B & C

Team Careers360 · Accepted Answer

Correct Answer: Both B & C

Solution : The concept of indirect taxes and subsidies do not arise in a two sector economy. It is relevant to three and four sector economy.
Hence, Option D is correct.

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Question : Concept of indirect taxes and subsidies exist in __________ economy. Option 1: Two sector Option 2: Three sector Option 3: Four sector Option 4: Both B & C

Related Questions

Question : The difference between indirect taxes and subsidies is _________________. Option 1: Net direct taxesOption 2: Factor marketOption 3: Market priceOption 4: None of the above.

Question : Barter exchange is also known as Option 1: C-C economy Option 2: B-B economy Option 3: D-D economy Option 4: A-A economy

Question : When means of production are owned, controlled and operated by both public and private sector. Option 1: Capitalist economy Option 2: Socialist economy Option 3: Mixed economy Option 4: All of the above.

Question : How many types of revenue receipts exist in the economy?Option 1: TwoOption 2: FourOption 3: FiveOption 4: Three

Question : NNP at FC= GNP at MP - Depreciation - ___________________.Option 1: Net factor income from abroadOption 2: Net indirect taxesOption 3: Indirect taxesOption 4: Subsidies

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Question : Concept of indirect taxes and subsidies exist in __________ economy.

Option 1: Two sector

Option 2: Three sector

Option 3: Four sector

Option 4: Both B & C

Question : The difference between indirect taxes and subsidies is _________________.
Option 1: Net direct taxes
Option 2: Factor market
Option 3: Market price
Option 4: None of the above.

Question : Barter exchange is also known as

Option 1: C-C economy

Option 2: B-B economy

Option 3: D-D economy

Option 4: A-A economy

Question : When means of production are owned, controlled and operated by both public and private sector.

Option 1: Capitalist economy

Option 2: Socialist economy

Option 3: Mixed economy

Option 4: All of the above.

Question : How many types of revenue receipts exist in the economy?
Option 1: Two
Option 2: Four
Option 3: Five
Option 4: Three

Question : NNP at FC= GNP at MP - Depreciation - ___________________.
Option 1: Net factor income from abroad
Option 2: Net indirect taxes
Option 3: Indirect taxes
Option 4: Subsidies