ECONOMICS
FISCAL POLICY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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the amount of money coming into a country
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the amount of money leaving a country
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taxes imposed on imported goods
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income from imported cars
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Detailed explanation-1: -Revenue meaning is the money that is produced by carrying out normal business operations and is calculated by multiplying the average sales price by the number of items sold. It is the total sum of money from which other costs and expenses are subtracted to calculate net income.
Detailed explanation-2: -Revenue is the money generated from normal business operations, calculated as the average sales price times the number of units sold. It is the top line (or gross income) figure from which costs are subtracted to determine net income. Revenue is also known as sales on the income statement.
Detailed explanation-3: -noun. the income of a government from taxation, excise duties, customs, or other sources, appropriated to the payment of the public expenses. the government department charged with the collection of such income.
Detailed explanation-4: -Rent revenue. Dividend revenue. Interest revenue. Contra revenue (sales return and sales discount)
Detailed explanation-5: -Revenue shows how much a company makes from selling goods or services. Revenue, or income, is found on several financial statements and is used by finance professionals to determine profitability.