Multiple Choice
If you cheat on your income tax return you will pay $1000 in taxes; if you don't cheat you will pay $2000. If you are audited and you didn't cheat, your auditor will be kind and reduce your taxes from $2000 to $1500. If you are audited and you did cheat, you will be caught and have to pay a total of $2500, including penalties. Assuming the government wants to receive as much money as possible, statistically, which is the best option for the government to choose?
A) always audit
B) usually audit
C) occasionally audit
D) never audit
Correct Answer:
Verified
Correct Answer:
Verified
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