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Author Question: When different consumers pay different amounts of taxes, Ricardian equivalence may fail because ... (Read 22 times)

jessicacav

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on: Jun 30, 2018
When different consumers pay different amounts of taxes, Ricardian equivalence may fail because
 
  A) alternative ways of collecting the same tax revenue can affect the distribution of income.
  B) consumers can become jealous of one another.
  C) such differences in taxes create credit market imperfections.
  D) higher taxes on more talented people may be politically popular.

Question 2

Salt, for example, as it is used in part of Ethiopia, is an example of
 
  A) commodity money.
  B) commodity-backed paper currency.
  C) barter currency.
  D) fiat money.


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kiamars2010

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


jessicacav

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Reply #2 on: Jun 30, 2018
Thank you :)


kiamars2010

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Reply #3 on: Jun 30, 2018
Happy to help you


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