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Income tax is an example of what principle of taxation?
The ability to pay principle of taxation
Lighthouse
Control air pollution
False
Practice of charging customers different prices for the same products.
having foreign embassies
The utility company
Regressive Tax
Which one of the following aren't one of the three macroeconomic goals to determine the health of an economy?
The ability to pay principle of taxation
Lighthouse
Control air pollution
False
Practice of charging customers different prices for the same products.
having foreign embassies
The utility company
Regressive Tax
What is the definition of price discrimination?
The ability to pay principle of taxation
Lighthouse
Control air pollution
False
Practice of charging customers different prices for the same products.
having foreign embassies
The utility company
Regressive Tax
The free rider problem refers to a situation where some individuals in a population consume less than their fair share of a common resource.
The ability to pay principle of taxation
Lighthouse
Control air pollution
False
Practice of charging customers different prices for the same products.
having foreign embassies
The utility company
Regressive Tax
Which one of the following is an example of a public good?
The ability to pay principle of taxation
Lighthouse
Control air pollution
False
Practice of charging customers different prices for the same products.
having foreign embassies
The utility company
Regressive Tax
What type of tax would a person who has a high income like, if they preferred to have a lower percentage rate of taxation on their income.
The ability to pay principle of taxation
Lighthouse
Control air pollution
False
Practice of charging customers different prices for the same products.
having foreign embassies
The utility company
Regressive Tax
Who has the incidence of a tax, if a city raise taxes on a local utility company and the utility company keeps its rates the same to their customers?
The ability to pay principle of taxation
Lighthouse
Control air pollution
False
Practice of charging customers different prices for the same products.
having foreign embassies
The utility company
Regressive Tax
All of the following are examples of modified free enterprise within the US except
The ability to pay principle of taxation
Lighthouse
Control air pollution
False
Practice of charging customers different prices for the same products.
having foreign embassies
The utility company
Regressive Tax
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