Driver’s licenses. Vehicle registration. Driver’s records. Birth certificates. Death certificates. Unemployment compensation. Licensing for professionals, such as attorneys, pharmacists, and chiropractors. What are four services that the state provides? Terms in this set (10) Education. Zoning regulations. police/fire protection. public utilities. transportation. social services. recreation. public maintenance. What are stateRead More →

Exchange controls are government-imposed limitations on the purchase and/or sale of currencies. These controls allow countries to better stabilize their economies by limiting in-flows and out-flows of currency, which can create exchange rate volatility. Why do governments impose currency restrictions and how can companies get around such restrictions? Currency restrictionsRead More →

The Constitution of India grants the power to the Union to raise revenue by levying cess. Article 270 of Constitution of India states that the Government can collect tax in the name of cess for generating revenue but it shall be earmarked for specific purpose only. Which can be leviedRead More →

When a whole country tries to get richer by printing more money, it rarely works. Because if everyone has more money, prices go up instead. And people find they need more and more money to buy the same amount of goods. … That’s when prices rise by an amazing amountRead More →

The cyclically adjusted budget is the budget that would occur if the economy were operating at full employment. The cyclically adjusted budget is also referred to as the full-employment budget. How do you determine a cyclically adjusted deficit? Subtract “R” from the federal budget deficit to obtain the cyclically-adjusted budgetRead More →