Which of the following is not true about government taxation?
a. It is an indirect way to shift resources.
b. It is free of opportunity costs.
c. Taxes are levied on both citizens and businesses.
d. Taxes are unequally levied among citizens.
e. Taxes are a tool for debt reduction.
B
Economics
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Unemployment normally arises when:
A) labor markets are frictionless. B) wages are above the market clearing wage level. C) wages are below the market clearing wage level. D) wages are equal to market clearing wage level.
Economics
What are the different types of price discrimination?
What will be an ideal response?
Economics