Author Question: Which of the following is not an advantage of user charges? a. User charges help ration ... (Read 120 times)

tatyanajohnson · **on:** Jul 1, 2018

Which of the following is not an advantage of user charges?

a. User charges help ration consumption of the taxed good.
b. User charges are equitable from the standpoint of the benefit principle of taxation.
c. User charges reveal consumer preferences for the taxed good.
d. User chargers are easy to apply in cases where the benefits are spread diffusely.

Question 2

The power of the supply and demand model lies in its ability

A) to generally predict how price and quantity will change with supply and demand shocks.
B) to precisely predict the impact of government regulations on quantity and price.
C) to precisely determine the difference between price ceilings and price floors.
D) to generally predict how profit motive impacts the distribution of goods and services.