Lindahl prices for collective consumption goods are _____.
a. are sufficient to achieve political agreement on the optimal level of output
b. are necessary to achieve political agreement on the optimal level of output
c. are sufficient for economic efficiency
d. are necessary for economic efficiency
Question 2
While regressive taxes are considered inequitable, cigarette taxation is popular because _____.
a. it is a sumptuary tax
b. it mainly hurts tobacco farmers in a few Southern states
c. in a lifetime sense it is a progressive tax
d. people are inconsistent
Figure 7.1 shows the rapid decline in the trust of Americans in government since the 1960s. This de
Prices for Cotton and for Slaves, 1802–1860
For a time Dr. Seuss—Theodor Seuss Geisel—drew political cartoons. This one, published in ...
Industrialized nations consumption
Cultural Attitudes Toward Insect Consumption