Suppose the government levies a "fat tax" on naturally-sweetened carbonated beverages to try to reduce the number of overweight children. If the tax revenues pay for the health problems of overweight children, the tax would satisfy the
a. ability-to-pay principle.
b. benefits principle.
c. vertical-equity principle.
d. horizontal-equity principle.
b
Economics
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If interest rates increase, the present value of a given payment in the future will
A) cause an inflation. B) remain the same. C) increase. D) decrease.
Economics
Which of the following cannot be classified as a market structure?
a. Perfect Competition b. Monopoly c. All of the above d. None of the above
Economics