Multiple Choice
A lump-sum tax is a tax that
A) can be avoided by strategic behaviour.
B) does not depend on the actions of the economic agent being taxed.
C) does not depend on the actions of the government.
D) distorts economic decisions.
E) depends on the quantity of taxable goods consumers purchase.
Correct Answer:
Verified
Correct Answer:
Verified
Q64: A good is inferior for a consumer
Q65: The profit-maximizing quantity of labour equates the
Q66: As the quantity of capital increases,the marginal
Q67: The Solow residual is a measure of<br>A)
Q68: We typically assume that<br>A) both consumption and
Q69: A consumption bundle<br>A) is a particular combination
Q71: Convexity of the indifference curve follows from<br>A)
Q72: A production function describes the<br>A) technological possibilities
Q73: The real wage denotes<br>A) the number of
Q74: The shape of the indifference curve depends