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Economics > Sone Terms > Flashcards

Sone Terms Flashcards

(1 cards)

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1

Q

What is Tax Buoyancy?

A

It is the ratio of growth in tax revenue to the growth in Nominal GDP for a specific year.

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flashcards

Decks in class (6)

# Cards

National Income Accounting

Money and Banking

Central Bank and Monetary Policy

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