« previous next »

Author Question: Ad valorem taxation A) refers to the personal income tax. B) is used to tax goods but not ... (Read 30 times)

Pea0909berry

  • Hero Member
  • *****
  • Posts: 573
on: Jun 29, 2018
Ad valorem taxation
 
  A) refers to the personal income tax.
  B) is used to tax goods but not services.
  C) is assessed by charging a tax rate as a fraction of the market price of a good.
  D) is a tax that is applied only to cigarettes and alcohol.

Question 2

Market failure means that
 
  A) the strike organized by unionized employees fails to achieve its goal.
  B) too many outdated products are offered for sale in the local supermarket.
  C) there is overallocation or underallocation of resources to certain economic activity.
  D) an unexpectedly harsh winter shuts down a factory.


tennis14576

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Mark Twain supplemented his income as a writer by giving humorous lectures. Mark Twain supplemented his income as a writer by giving humorous lectures.
The Abecedarian study was designed to help very low-income African American children prepare for ... The Abecedarian study was designed to help very low-income African American children prepare for ...
Distribution of the Income of Americans Distribution of the Income of Americans
Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
How an Increase in Income Inequality Affects the Desired Tax Rate How an Increase in Income Inequality Affects the Desired Tax Rate
Relationship between Latitude and Income per Capita Relationship between Latitude and Income per Capita
Video: How to find out if a population is evolving?

For a complete list of videos, visit our video library