According to the benefits-received principle of taxation
A) people in the same economic situation should bear an equal share of the tax burden.
B) the benefits of government programs such as national defense are shared equally by all people; therefore, the burden of paying for these programs should be shared equally.
C) because high-income individuals receive the most benefits from government programs, they should pay more taxes than lower-income individuals.
D) individuals who receive the benefits from a government program should pay the taxes that support the program.
D
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The operational goals the Fed uses for its monetary policy objectives are
A) the demand for reserves and the supply of reserves. B) the core inflation rate and the output ga
Comment on the following statement: "When average product and marginal product are equal, marginal product is at its maximum."
What will be an ideal response?