menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Microeconomics Study Set 25
  4. Exam
    Exam 7: Taxes
  5. Question
    A Principle Suggesting That People with More Income or Wealth
Solved

A Principle Suggesting That People with More Income or Wealth

Question 187

Question 187

Multiple Choice

A principle suggesting that people with more income or wealth should pay more taxes is the _____ principle.


A) ability-to-pay
B) regressive tax
C) progressive tax
D) benefits

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q182: Tax incidence refers to:<br>A)who writes the check

Q183: Use the following to answer question: <img

Q184: A principle suggesting that people with more

Q185: Use the following to answer question: <img

Q186: If the demand for good X is

Q188: The price elasticity of demand for a

Q189: A tax system achieves equity when:<br>A)taxes are

Q190: Use the following to answer question: <img

Q191: Given any downward-sloping demand curve for a

Q192: According to the _ principle,those who can

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines