A unique characteristic of taxes on economic rents is that such taxes
A) stimulate aggregate production.
B) do not lead to a reallocation of the resource.
C) are paid by consumers.
D) are always regressive.
Correct Answer:
Verified
Q92: Q93: The marginal revenue product (MRP)of land declines Q94: Henry George advocated a single tax on Q95: Which of the following resources is a Q96: Q98: The marginal revenue product (MRP)of land declines Q99: The characteristic that makes economic rent distinct Q100: In his book Progress and Poverty, Henry 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![]()
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