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Suppose the savings rate is 15 percent. For every dollar the government collects in tax revenue and spends on public goods and infrastructure, the net result will be _____.?

an increase in total investment by 85 cents


What occurs when the government collects more revenue than it spends?

Deficit A+ the government will have a surplus


When the government collects more revenue than it spends what will be the result?

A Surplus


What occurs when the government spends more than he collects in revenue?

That's called a deficit.


Who collects land revenue in a village?

A Patwari collects the land revenue in the village


Why are taxes the best source for revenue for the government?

the government collects the taxes that every citizen pays which in turn help the people


What department collects taxes?

The Internal Revenue Service is the department that collects taxes. The Internal Revenue Service collects the money for the US Department of Treasury.


What are sources of interest that the government collects as nontax revenue?

The government collects nontax revenue from various sources, including fees for services, fines, and penalties. Additionally, it generates income from the sale of government assets or resources, such as land and natural resources. Other sources include investment income from government-owned enterprises and interest earned on loans and investments. These revenue streams help fund public services without relying solely on taxation.


What part of the Australian government is ATO in charge of?

The ATO of the Australian Government is in charge of revenue. The ATO collects income tax, Goods, and service tax along with other federal taxes of the government.


What three ways does the government collect revenue?

The government collects revenue primarily through taxation, which includes income taxes, sales taxes, and property taxes. Additionally, it generates revenue through fees and charges for services, such as permits and licenses. Lastly, the government may also earn income from investments and the sale of public assets.


Who is the BIR secretary of the Philippines?

The Bureau of Internal Revenue or BIR collects more than half of the Philippine government's total revenue. As of 2014, the BIR Secretary is Atty. Kim S. Jacinto-Henares.


Who Collects Taxes In UK?

HM Revenue & Customs