Taxation

A. marginal tax rates are high.
B. higher income taxpayers pay more taxes than do lower income taxpayers.
C. marginal tax rates are low.
D. higher income taxpayers pay a greater percentage of their income in taxes than do lower income taxpayers.

A. marginal tax rate
B. average tax rate
C. horizontal tax rate
D. proportional tax rate

A. minimizes the administrative burden form the tax
B. does all the things describe in these answers
C. raises revenue at the smallest possible cost to taxpayers.
D. minimize the deadweight loss from the tax.

A. the deadweight has demonstrated
B. the ability-to-pay principle
C. the benefits principle
D. horizontal equity
E. The administrative burden of a tax.

A. caused a deadweight loss
B. decreased equity
C. generated no tax revenue
D. increased efficiency

A. doubles
B. stays the same
C. increase by a factor of four.
D. could rise or fall

A. will fall
B. will rise
C. will first rise and then fall
D. will first fall and then rise

A. a small deadweight loss and the burden of the tax would fall on the renter
B. a large deadweight loss and the burden of the tax would fall on the landlora
C. a large deadweight loss and the burden of the tax would fall on the renter.
D. a small deadweight loss and the burden of the tax would fall on the landlord

A. generate a deadweight loss that is unaffected by the time period over which it is measured
B. cause a greater deadweight loss in the long run when compared to the short run
C. None of these answers
D. cause a greater deadweight loss in the short run when compared to the long run.

A. The buyers pay a larger portion of the tax because demand is more inelastic than supply
B. The sellers pay a larger portion of the tax because supply is more elastic than demand
C. The buyers pay a larger portion of the tax because demand is more elastic then supply
D. The sellers pay a larger portion of the tax because supply is more inelastic than demand