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    Economics Principles and Policy Study Set 1
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    Exam 17: Taxation and Resource Allocation
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    Which of the Following Best Reflects the Ability-To-Pay Philosophy of Taxation
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Which of the Following Best Reflects the Ability-To-Pay Philosophy of Taxation

Question 105

Question 105

Multiple Choice

Which of the following best reflects the ability-to-pay philosophy of taxation?


A) an excise tax on coffee 
B) an excise tax on gasoline 
C) a progressive income tax 
D) a tax on residential property

Correct Answer:

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