An efficient tax system is one that (i) maximizes tax revenues. (ii) minimizes deadweight losses from taxes. (iii) minimizes administrative burdens from taxes. (iv) promotes equity across taxpayers
a. (i) only
b. (ii) and (iii) only
c. (i), (ii), and (iii) only
d. (i), (ii), (iii), and (iv)
b
Economics
You might also like to view...
As a currency appreciates:
A) exports increase and imports decrease. B) exports decrease and imports increase. C) exports increase and imports increase. D) exports decrease and imports decrease.
Economics
In financial markets, when a firm issues stock for the first time it is called an
A) investment portfolio option. B) initial public offering. C) initial portfolio offering. D) investment portfolio offering.
Economics