Question
Which is the first nation to implement GST?
Solution
France is the first country to implement GST in 1954. Today 160 countries have GST/VAT. Most European countries introduced GST back in the 1970s-80s.
In a portfolio investment?
In a market economy
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Reason (R): Such goods and se...
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Find pure strategy Nash equilibrium.
GNP exceeds NNP by:
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increase in inflation wit...
