Category: Taxation

A. A + B + C + D+ E +F
B. A + B + C + D
C. A + D
D. B + C + E + F

A. will have no impact on tax revenue.
B. will always reduce tax revenue regardless of the prior size of the tax
C. could increase tax revenue if the tax had been extremely high
D. causes a market to become less efficient

A. doubles
B. stays the same
C. increase by a factor of four.
D. could rise or fall

A. C + F
B. A
C. B
D. C

A. B + C + E + F
B. E + F
C. A + B + C + D
D. A + B + C + D + E + F

A. the deadweight has demonstrated
B. the ability-to-pay principle
C. the benefits principle
D. horizontal equity
E. The administrative burden of a tax.

A. an excess of government receipts over government spending.
B. an equality of government spending and receipts.
C. a surplus of government workers.
D. an excess of government spending over government receipts.

A. minimizes the administrative burden form the tax
B. does all the things describe in these answers
C. raises revenue at the smallest possible cost to taxpayers.
D. minimize the deadweight loss from the tax.

A. none of these answers
B. Reagan curve
C. Keynesian curve
D. Laffer curve
E. Henry George curve.

A. generate a deadweight loss that is unaffected by the time period over which it is measured
B. cause a greater deadweight loss in the long run when compared to the short run
C. None of these answers
D. cause a greater deadweight loss in the short run when compared to the long run.