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Among the following, who first proposed that internal government debt does not create a burden for the future generation?
  • GATE XH-C1 - 2023
  • GATE XH-C1
  • Public Economics
  • Indian Public Finance
Which of the following is an example of direct tax?
  • GATE XH-C1 - 2023
  • GATE XH-C1
  • Public Economics
  • Indian Public Finance
The emission of greenhouse gases is an example of “bads” that are
  • GATE XH-C1 - 2023
  • GATE XH-C1
  • Public Economics
  • Indian Public Finance
Which of the following statements is correct about the Fourteenth Finance Commission?
  • GATE XH-C1 - 2023
  • GATE XH-C1
  • Public Economics
  • Indian Public Finance
An income tax system is considered progressive if the average tax rate rises with income. Consider an income tax schedule: $T=p+tY$, where $T$ denotes the tax liability, $p$ is a constant, $t$ is the constant marginal tax rate, and $Y$ is the income. For this tax schedule to be progressive, the value of $p$
  • GATE XH-C1 - 2023
  • GATE XH-C1
  • Public Economics
  • Indian Public Finance