Assume that the government one day decides to tax greens fees at all state golf courses. To the government's dismay, not only was the amount of tax collected small, but there was a 90 percent decline in golfing. What type of tax analysis did the
government apparently rely upon when it imposed this tax?
A) static tax analysis
B) dynamic tax analysis
C) transaction cost analysis
D) ad hoc tax analysis
Answer: A
You might also like to view...
Refer to Table 15.1. The uses of government funds for Arugula in 2012 total
A) $135 million. B) $195 million. C) $380 million. D) $600 million.
The federal income tax began in the United States with the
a. Morrill Act of 1862. b. addition of the Bill of Rights to the Constitution in 1791. c. passage of the 16th Amendment to the Constitution in 1913. d. New Deal legislation of the 1930s.
Which of the following is true?
a. The earnings differential between men and women who never married is considerably smaller than the differential between married men and married women. b. After adjusting for education, age, language, and location, the earnings of women are almost identical with the earnings of men. c. Between 1980 and 2000 . the female/male annual earnings ratio of full-time workers was virtually unchanged. d. The hourly earnings of women were approximately 60 percent of their male counterparts in 2009.
We assume that in the short run in a perfectly competitive market firms:
A. can enter and exit the market. B. can exit, but not enter the market. C. cannot enter or exit the market. D. can enter, but not exit the market.