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Author Question: Suppose Seth and Nathan are college students with the same annual income, yet Seth pays half of the ... (Read 415 times)

penguins

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on: Jul 1, 2018
Suppose Seth and Nathan are college students with the same annual income, yet Seth pays half of the annual income tax that Nathan does.
 
  Which statement best summarizes a possible issue with this outcome from a principle of tax policy perspective? a. It violates the principle of vertical equity. b. It violates the principle of diagonal equity. c. It violates the principle of horizontal equity.
   d. It violates the benefit principle.

Question 2

_____ increase as we move away from unanimity rule.
 
  a. External costs
  b. Internal costs
  c. Pareto efficiency
   d. decision-making costs


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braelync

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Reply #1 on: Jul 1, 2018
Answer to Question 1

c

Answer to Question 2

a


penguins

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

mcabuhat

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Reply 3 on: Yesterday
:D TYSM

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