According to the book, interdependence among countries generally includes all of the following EXCEPT for which item?
Answer: page 29-30 in the hard cover... " The interdependence of countries- the volume and value of imports and exports, transfers of capital, international communication, the extent of foreign travel and immigration- has increased enormously in the last decades."
Friday, October 12, 2012
Why Tax Revenue Isn't an Input
Tax revenue isn't an input because it is considered an output. On page 35 of the textbook it says this:
"The outputs are the implementations of the political process. These are the substantive impacts on the society, the economy, and the culture. They include various forms of extraction of resources in the form of TAXES and the like."
So the book classifies taxes as an output, not an input.
"The outputs are the implementations of the political process. These are the substantive impacts on the society, the economy, and the culture. They include various forms of extraction of resources in the form of TAXES and the like."
So the book classifies taxes as an output, not an input.
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