Examlex
Financing activities include (a) the purchase and sale of long-term assets, (b) the purchase and sale of short-term investments, and (c) lending and collecting on loans.
Tax Burden
Refers to the total amount of tax that individuals or businesses must pay, relative to their income or profit.
Binding Price Ceiling
A limit imposed by the government on how high a price can be charged for a good or service, which is set below the equilibrium price, causing a shortage.
Tax Revenue
Government income obtained from taxation.
Payroll Tax
Duties levied on employees or the companies that employ them, computed as a percentage of the remuneration the employees are given.
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