Foreign Educator Teaching System

Tag: balance

  • Balance of payment stability

    Balance of payment stability Balance of payment is concerned with the imports and exports of a country Negative balance of payments is when the imports are greater than exports Positive balance of payments is when the exports are greater than imports

  • Redistribution of income

    Redistribution of income Rich people earn more money than the poor people Government aims to re distribute the money from rich to poor Government normally achieves this aim by taxing the rich people