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Author Question: What is an efficient tax system? What rules promote efficiency? What will be an ideal ... (Read 107 times)

jCorn1234

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on: Jun 30, 2018
What is an efficient tax system? What rules promote efficiency?
 
  What will be an ideal response?

Question 2

A reduction in the ratio of the money supply to GDP is
 
  a. financial deepening
  b. inflation
  c. financial repression
  d. real interest rate
  e. none of the above


reversalruiz

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Reply #1 on: Jun 30, 2018
Answer to Question 1

An efficient tax system obtains more revenue for its efforts than otherwise by making evasion difficult. Broad-based, simple tax systems with moderate rates make for greater efficiency.

Answer to Question 2

C


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