A fiscal deficit occurs when a government's total expenditures exceed the revenue that it generates, excluding money from borrowings. Deficit differs from debt, which is an accumulation of yearly deficits. A...
Many of my students make a widespread mistake of taking friction value as f= μ N. Where μ = coefficient of friction and N =Normal Reaction. So is it incorrect? The answer is not exactly. With that,...
The goods and services tax (GST) is a tax on goods and services sold domestically for consumption. The tax is included in the final price and paid by consumers at point of sale and passed to the government...