A. those with equal ability to pay should bear unequal tax burdends.
B. those who benefits the most from government services should bear the higher tax burden.
C. those who benefit the most from government services should have the greatest voice in determining what gets produced
D. those with equal ability to pay should bear equal tax burdens.
Related Mcqs:
- Beyond any mortgage thereon and liability therein, the residual value of a business or property is called equity. Which of the following are also included by term equity ?
A. The market value of securities less any debt incurred and common stock and preferred stock
B. Funds provided to a business by the sale of stock
C. Both of them
D. None of them - Vertical equity holds that ?
A. those will equal ability to pay should bear equal tax burdens.
B. those who benefit the most from government service should bear the higher tax burden
C. those with equal ability to pay should bear unequal burdens
D. those with greater ability to pay should pay more - The appropriate tax rate to consider judging the vertical equity of a tax system is the ?
A. marginal tax rate
B. average tax rate
C. horizontal tax rate
D. proportional tax rate - Which of the following is an example of equity finance ?
A. Corporate bonds
B. Company shares
C. All of these answers are equity finance
D. Government bonds - When supply and demand for money are expressed in a graph with the interest rate on the vertical axis and the quantity of money on the horizontal axis an increase in the price level ?
A. shifts money demand to the right and increases the interest rate
B. None of these answers
C. shifts money demand to the right and decreases the interest rate
D. shifts money demand to the left and increases the interest rate
E. shifts money demand to the left and decrease the interest rate - When money demand is expressed in a graph with the interest rate on the vertical axis and the quantity of money on the horizontal axis an increase in the interest rate ?
A. None of these answers
B. decrease the quantity demanded of money
C. increase the quantity demanded of money
D. decreases the demand for money
E. increases the demand for money - uppose a consumer must choose between the consumption of sandwiches and pizza. If we measure the quantity of pizza on the horizontal axis and the quantity of sandwiches on the vertical axis and if the price of a pizza is Rs10 and the price of a sandwich is Rs5, then the slope of the budget constraint is ?
A. 2
B. 10
C. 1/2
D. 5 - Suppose we measure the quantity of good X on the horizontal axis and the quantity of good Y on the vertical axis If indifference curves are bowed inward, as we move from having an abundance of good X to having an abundance of good Y, the marginal rate of substitution of good Y for good X (the slope of the indifference curve) ?
A. rises
B. stays the same
C. could rise or fall depending on the relative prices of the two goods.
D. falls - A horizontal merger is a merger of?
A. firms producing unrelated products
B. firms producing complementary products
C. firms at various stages in a production process.
D. firms producing the same product - If price consumption curve will be horizontal on x-axes then elasticity of demand will be:___________?
A. Equal to 1
B. Greater than 1
C. Less than 1
D. Equal to 0Submitted by: MAHAR AQEEL
