Author Question: A unit tax has an advantage over an ad valorem tax in situations when _____. a. inflation is high ... (Read 68 times)

jessicacav

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A unit tax has an advantage over an ad valorem tax in situations when _____.
 
  a. inflation is high
  b. it is easy to estimate the value of the good being taxed
  c. it is difficult to estimate the value of the good being taxed
   d. inflation is low

Question 2

Provide arguments for and against education vouchers.
 
  What will be an ideal response?



memslove

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Answer to Question 1

c

Answer to Question 2

Education vouchers are attractive policy options because they introduce competition into the public education system. The hope is that just like in other areas of life, choice and competition will increase the quality of goods provided and lower the cost. Ineffective schools will be forced to close and effective schools will prosper. There are many arguments against vouchers. One argument concerns what to do about schools that charger more than the amount of the voucher. Should students and their families be allowed to supplement vouchers? It is suggested that this would lead to unfair results as the rich could purchase even more expensive schools than they do now. Another argument used against vouchers is the issue of admission standards. Public schools have to take all students that live within their attendance zones. Private schools do not. If a private school accepts (indirectly) public money, can they still be exclusionary?



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