« previous next »

Author Question: Ad valorem taxation A) refers to the personal income tax. B) is used to tax goods but not ... (Read 55 times)

Pea0909berry

  • Hero Member
  • *****
  • Posts: 573
on: Jun 29, 2018
Ad valorem taxation
 
  A) refers to the personal income tax.
  B) is used to tax goods but not services.
  C) is assessed by charging a tax rate as a fraction of the market price of a good.
  D) is a tax that is applied only to cigarettes and alcohol.

Question 2

Market failure means that
 
  A) the strike organized by unionized employees fails to achieve its goal.
  B) too many outdated products are offered for sale in the local supermarket.
  C) there is overallocation or underallocation of resources to certain economic activity.
  D) an unexpectedly harsh winter shuts down a factory.


tennis14576

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

Complications of influenza include: bacterial pneumonia, ear and sinus infections, dehydration, and worsening of chronic conditions such as asthma, congestive heart failure, or diabetes.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Cross-sectional data showing that the amount of effort spent on personal health care increases with Cross-sectional data showing that the amount of effort spent on personal health care increases with
Ecosystem goods and services and monetary values Ecosystem goods and services and monetary values
Income Inequality in the United States: 1947–2009 Income Inequality in the United States: 1947–2009
How an Increase in Income Inequality Affects the Desired Tax Rate How an Increase in Income Inequality Affects the Desired Tax Rate
Saving Rate by Decile of Income per Capita Saving Rate by Decile of Income per Capita
Personal Finance (5th Edition) (The Personal Series in Finance) Personal Finance (5th Edition) (The Personal Series in Finance)
Video: What are Taste Receptors? How Does it Work? Animation

For a complete list of videos, visit our video library