The sales tax
A) is not consistent with the benefits-received principle because low-income individuals spend less on goods and services than do high-income individuals, yet pay the same sales tax rate.
B) is consistent with the benefits-received principle because low-income individuals spend less on goods and services than do high-income people.
C) is not consistent with the ability-to-pay principle because low-income individuals tend to spend a larger fraction of their income than do high-income individuals.
D) is not consistent with the ability-to-pay principle because low-income individuals tend to purchase a smaller bundle of goods and services compared to high-income individuals.
Question 2
Which of the following is not one of the four main categories of spending identified by John Maynard Keynes?
A) government purchases B) transfer payments
C) planned investment D) consumption
Expected Benefits for ICD-10-CM
Principle Structures of the Limbic System
Simultaneous Determination of Income and Modernization
Relationship between Income per Capita and Population Growth
The Principle of Isostasy
Physics - Pressure, Density, Pascal's Principle