Question

which of the following terms is used for the tax revenue in the inflationary period​

Answer 1

हमारा चेहरा लाल हो जाता ह। कान की लोरिया जलने लगती ह। मगर हमें जरूरी काम है।

Answer 2

Buoyancy is the term used for the tax revenues in the inflationary period

Explanation:

• Tax buoyancy helps to give an indication regarding the response that is used for the growth and development and adds to the national income in the country. The prices are on the rise  and there is an increase in trading activities. The buoyant economy is on a high and there is employment for the people and all the sectors of the economy are doing well with considerable growth.
• There is rise in income and the decrease in debt of the economy and also the foreign debts. There is an increase in investment and consumption of the people and the economy is on the rise. This results in people indulging in more economic activities which further increase the price of goods. the business organisations also maximize on their profits in a buoyant market

To know more about buoyancy

What is buoyancy? &  How to measure buoyancy?

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