Government activity requires the reallocation of resources from government to private use.
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Q15: Most studies indicate that state-run lotteries are
Q16: The marginal tax rate will eventually exceed
Q17: The average tax rate and marginal tax
Q18: The benefit principle argues that the means
Q19: Taxes simultaneously ration and finance government goods
Q21: A proportional income tax has an average
Q22: A payroll tax taxes a worker's wages
Q23: An excise tax is a:
A)general consumption tax.
B)selective
Q24: A tax on real estate is a:
A)general
Q25: Tax avoidance is a:
A)means of tax evasion.
B)means
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