The single-tax movement,headed by Henry George,refers to the idea that
A) taxes on rent are less costly to administer than other taxes.
B) rent is a surplus that can be taxed without distorting resource allocation.
C) rent should not be taxed because it is a free gift of nature.
D) rent is based on a derived demand and should not be taxed.
Correct Answer:
Verified
Q21: Economic rents
A)accrue only to land.
B)accrue only to
Q22: Changes in rent on a plot of
Q23: The marginal revenue product schedule for land
Q24: Which of the following in NOT a
Q25: All of the following would agree that
Q27: The present value of $100 received 3
Q28: In general the present value of $1,000
Q29: Which statement is true?
A)Rent and wages,but not
Q30: Which statement is true?
A)Frank Knight believed that
Q31: Which statement is false?
A)The most important determinant
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