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Author Question: Lindahl prices for collective consumption goods are _____. a. are sufficient to achieve political ... (Read 61 times)

savannahhooper

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on: Jul 1, 2018
Lindahl prices for collective consumption goods are _____.
 
  a. are sufficient to achieve political agreement on the optimal level of output
  b. are necessary to achieve political agreement on the optimal level of output
  c. are sufficient for economic efficiency
   d. are necessary for economic efficiency

Question 2

While regressive taxes are considered inequitable, cigarette taxation is popular because _____.
 
  a. it is a sumptuary tax
  b. it mainly hurts tobacco farmers in a few Southern states
  c. in a lifetime sense it is a progressive tax
   d. people are inconsistent


meryzewe

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

a


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