what is effect on ppc due to gst digram ke sath batao please
Answers
Answered by
6
Answer:
GST will lead to increase in production potential, increases the GDP of an economy. Therefore, national imcome of the economy will increase. Due to increase in national income with fuller utilisation of resources, PPC will shift rightward.
Attachments:
Answered by
2
One tax regime is a major relief to the manufacturers. It simplified the process and encourage the business man to invest more. GST will lead to increase in production potential, increases the GDP of an economy. Therefore, national income of the economy will increase. Due to increase in national income with fuller utilisation of resources, PPC will shift rightward.
Similar questions