Cost-benefit analysis is just a guide to making a normative decision

Explain the argument that consumption is the best tax base. Explain the argument that wealth is the best tax base. Explain the argument that income is the best tax base

In your opinion, which measure is the best tax base - consumption, income, or wealth? Why?

One way to express the classical idea of monetary neutrality is to draw

a. a downward-sloping short-run Phillips curve. b. an upward-sloping short-run Phillips curve. c. a downward-sloping long-run Phillips curve. d. a vertical long-run Phillips curve.