An excise tax is a:
A) general consumption tax.
B) selective consumption tax.
C) general wealth tax.
D) selective tax on wealth.
Correct Answer:
Verified
Q18: The benefit principle argues that the means
Q19: Taxes simultaneously ration and finance government goods
Q20: Government activity requires the reallocation of resources
Q21: A proportional income tax has an average
Q22: A payroll tax taxes a worker's wages
Q24: A tax on real estate is a:
A)general
Q25: Tax avoidance is a:
A)means of tax evasion.
B)means
Q26: How do taxes differ from prices? What
Q27: A 5-percent retail sales tax on all
Q28: Taxes are likely to affect:
A)market equilibrium.
B)political equilibrium.
C)the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents