Author Question: The concept of elasticity with respect to taxation holds that tax yields should be automatically ... (Read 32 times)

tatyanajohnson · **on:** Jul 8, 2018

The concept of elasticity with respect to taxation holds that tax yields should be automatically responsive to changes in economic conditions. For example, as per capita income grows, revenues should also increase without increases in the tax rate.

a. True
b. False
Indicate whether the statement is true or false

Question 2

The United States policy that asserts the country's right to engage in a preemptive action when an imminent danger of an attack exists is called containment.

a. True
b. False
Indicate whether the statement is true or false