"He who pays a tax should receive the benefit from the expenditure financed by the tax." This statement reflects which of the following principles for a tax?

A. fairness of contribution
B. ability-to-pay
C. benefits-received
D. efficiency


Answer: C

Economics

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What is the real GDP in year 1 using base year 2?

A) $418. B) $300. C) $360. D) $338.

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a. True b. False Indicate whether the statement is true or false

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Capital inflows in the form of direct investment can provide ________; this is a ________ of capital inflows

A) access to political power; cost B) access to political power; benefit C) increases in external debt; cost D) decreases in external debt; benefit

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