1. Distribution of the burden of paying a tax is called-

2. Consider the following statements-

1. In the context of the classical model loan finance may be a means of transferring the burden to the future generation.
2. Foreign borrowing permits financing public programmes without placing a burden on the present generation
3. Foreign borrowing is not burden some to the  future generations even if the funds are unproductively.

Of the above statements-

3. If supply is perfectly inelastic, then the short run impact of a specific sales tax would be to shift the tax burden-

4. In a many person economy with a public and a private goods, revenue allocation will be optimal at the point where-

5. Assuming a declining marginal utility of money schedule, which one of the following principles will call for “maximum progression”?

6. Fiscal and Monetary Policies are intended to combat-

7. The imposition of a Selective Sales Tax will raise the price of the taxed product by equal amount if it is produced under-

8. Provision of social goods possess problem because-

9. Given a proportional income tax structure and balanced budget, an autonomous increase in investment will increase the level of equilibrium income and the budget will-

10. Which one of the following is not a source of the “Union Tax revenue”?