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Public Finance and the Changing Role of the State
The Scope and Nature of Modern Public Finance
Demand Supply and Price Relationships
12 other sections not shown
allowances authorities average total cost balance of payments Bank borrowing budget business cycle capital central government Committee commodity conditions of demand Consolidated Fund consumer consumption Customs and excise decrease demand and supply demand curve demand for income determined distributional effects downswing effective demand elasticity of demand equilibrium estimates Exchequer excise duties expenditure tax factors of production firms grants greater growth imperfect important incidence income groups income tax increase individual industry inelastic demand inflation Inter interest rates J. A. Hobson labour levied London External marginal cost marginal revenue marginal utility maximised ment monopoly National Debt national income oligopoly output Parliament perfect competition period private sector problem profits progressive tax public expenditure public finance public sector quantity reduce restricted result rise saving and investment social stabilising supply curve surplus tax incidence taxation taxpayer theory tion trade Treasury volume yield