Tax incidence is the ?

Related Mcqs:

The maximin criterion suggested by Rawls’s theory of justice means that the government should aim to ?

A. Maximize the total utility of society B. Maximize the well-being of the worst-off person in society C. minimize the difference between the rich and poor D. maximize the economic freedom of individuals by minimizing government interference in private decision making E. minimize the well-being of the best-off person in society...

Utilitarianism suggests that the government should choose policies that maximize the total utility of everyone in society by ?

A. redistributing income from rich to poor because this is what the members of society would choose to do if they were behind a veil of ignorance B. redistributing income from rich to poor because due to the diminishing marginal utility of income, taking a pound from the rich reduces their utility by less than … Utilitarianism suggests that the government should choose policies that maximize the total utility of everyone in society by ?Read More...

An unemployed salesperson has been offered a job paying Rs500 a week. He turns that job down and continues to search for another job that pays more. The cost of this continued search is ?

A. the Rs500 weekly salary that he has forgone to search for another job B. The Rs500 weekly salary that he has forgone and the monetary costs incurred by continuing to search C. Rs difference between the weekly salary he finally accepts and the Rs500 weekly salary that he has forgone D. Rs0, since he … An unemployed salesperson has been offered a job paying Rs500 a week. He turns that job down and continues to search for another job...

Mariam earns more than Seamus and she came by her income fairly and honestly which of the following political philosophies would argue against the redistribution of income from Mariam to Seamus ?

A. all of these answers B. libertarianism C. utilitarianism D. none of these answers...

Unemployment benefits may increase the unemployment rate because unemployment benefits ?

A. encourage people to quit their jobs B. reduce the cost of job search C. enable people to quit searching for work D. reduce the benefits of additional job searching...