Which of the following is part of the cost of income transfers?
A) Income transfers are a similar to allocating resources using a lottery.
B) Income transfers make the results more unfair.
C) Taxing incomes encourages people to work harder.
D) Income transfers increase the size of the economic pie.
E) Tax-collecting agencies cost money to administer.

Question

Quizplus · Accepted Answer

Tax-collecting agencies cost money to administer as they require salaries, equipment, and other expenses to collect and distribute income transfers.

Which of the Following Is Part of the Cost of Income