The value of tax land increases as a result of site value taxation only when _____.
a. all governments employ it
b. surrounding governments do not employ it
c. the supply of land is inelastic
d. the demand for housing is strong
Question 2
An inframarginal externality is where_____.
a. there are spillover benefits and costs, both in total and on the margin.
b. there are spillover benefits and costs, but only in total.
c. there are no spillover benefits, but there are marginal costs
d. there are spillover benefits and costs, but they relate only to infrared technology
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