An efficient tax system should have

a. horizontal equity
b. a broad base
c. a small number of rates, or brackets
d. few exemptions
e. all of the above

E

Economics

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It makes sense to measure relative costs in terms of leisure time

A) because leisure time is of equal value to everyone. B) because leisure time is the ultimate good. C) only if leisure time is of equal value to everyone. D) only in societies with labor-saving technologies.

Economics

Which of the following is an example of environmental stress?

a. construction noise b. strong perfume c. peers d. broken heating unit

Economics