Which of the following is not true of Lindahl prices for collective consumption goods?
a. Lindahl pricing might be useful in achieving political agreement on the proper amount of the public good to be produced.
b. Lindahl prices are set so the marginal benefit they receive from the public good is equal to the marginal cost.
c. Lindahl prices are difficult to calculate in practice.
d. Lindahl prices are necessary for economic efficiency.
Question 2
Considering all taxes collected at all levels, taxation in the United States is _____ when looked at in terms of lifetime income.
a. proportional
b. slightly progressive
c. slightly regressive
d. n-shaped
China’s 8% annual increase in oil consumption
True Forget-Me-Not
Which of the following statements is true of linkage?
Which is TRUE about the alternation of generations cycle that is diagramed above?
Per capita annual alcohol consumption (2005)
Ecosystem goods and services and monetary values