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How does Tourism Revenue affect the Balance of Payments of a national government?
Wiki User
∙ 9y ago
A surplus in the balance of payments is when a nation has an increase in flow of funds from trade and investments coming in than paying out to other countries. Income from tourism increases the flow of funds into the economy from people of other countries. It results in the flow of foreign currency into the country and is a revenue to the country resulting in a favorable balance of payment.
Wiki User
∙ 9y ago
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How did the tenth amendment limit the ability of federal government to respond to victims of hurricane Katrina in Louisiana in 2005?
The tenth amendment states that any power not directly given to the federal government nor denied to the states in the constitution is given to the states. Therefore, since the power of using federal revenue/taxes to give to relief projects is NOT specifically given to the federal government in the document, it must only be a power belonging to the states.
What is the fastest-growing revenue raiser?
lotteries
What calculations are use to determine the target revenue figures?
The revenue figure can be achieved by taking the sales goal of it's percentage annual revenue growth and subtact that from the previous year's then dividing that to get the forcast amount. I believe this is the answer... I'm still searching for the right formula to use.
What is fastest-growing revenue raiser?
One of the fastest growing revenue raisers is the media. More specifically, sponsorship and phone lines within media outlets.
What the significance of file organization and management to international revenue services?
Either you can measure the size and movement of International Revenue Services or how can you manage it. File organisation is very important to find out what is happening and when
Balance of payments deficit?
A balance of payments deficit means there is an imbalance in the balance of payments of a country where the payments the country makes are more than the payments they received. It means the balance of payments is negative. A balance of payments deficit is,when government expenditure is more than government revenue
What is the balance of payments account that records the amount of foreign currency the government buys or sells?
official revenue accounts
Only congress can make laws that require these payments to the federal government?
Revenue Bills... I think
Why did the government introduce the national lottery?
To increase the government's revenue without raising taxes.
By the 1790s how was the national goverment raising most of it's revenue?
The national government got most of its revenue in the 1790's due to import duties.
Which of these is the primary source of tax revenue for the national government?
income tax
What is normal balance of a revenue?
All revenue accounts has credit balance as a normal balance
Is service revenue a debit or cedit?
Services revenue is also a revenue and like all revenue accounts which have credit balance as normal balance, services revenue also has a credit balance.
What is the normal balance of rent revenue?
Rent is a revenue account and like all revenue accounts it has credit balance as normal balance.
Is the decrease in revenue a debit?
Default balance for revenue is credit balance so to reduce a revenue account it must be something with debit balance so debit is a decrease in revenue.
Is service revenue a debit?
Revenues has credit balance as default balance and as services revenue is also a revenue account it means it should have credit balance as well and not a debit balance.
How was the national government raising most of its revenue by the 1790?
By partying like there was no freaking tomorrow.
