"Those most able should pay the highest taxes" reflects the
a. ability-to-pay principle.
b. concept of horizontal equity.
c. idea of fiscal federalism.
d. benefits principle.
a
Economics
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The fallacy of composition is the incorrect view that
a. decisions are always made at the margin. b. incentives matter only to those who behave selfishly. c. if something is true for an individual, then it must also be true for the group. d. the value of a good can be objectively measured by its cost of production.
Economics
Which category has the highest amount of state and local spending?
a. education b. police c. firefighting d. transportation
Economics