Indian Economy
On which one of the following is the benefits received principle of taxation to achieve optimality bases?

Marginal benefit received
Average benefit received
Total benefit received
Ability to pay for the benefit

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Indian Economy
In which of the following sequences the change in quantity of money leads to change in price level in the Keynesian models?

Change in quantity of money - change in investment - change in rate of interest - change in employment and output - change in price level
Change in quantity of money - change in investment - change in employment and output - change in rate of interest - change in price level
Change in quantity of money - change in rate of interest - change in investment - change in employment and output - change in price level
Change in quantity of money - change in employment and output - change in investment - change in the rate of interest - change in price level

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