In addition to being a direct application of _____, user charges are also quite ______
a. the benefit principle; inefficient
b. the benefit principle; efficient
c. the ability-to-pay principle; inefficient
d. the ability-to-pay principle; efficient
b
You might also like to view...
Little Richie Lemons, a thirteen-year-old former lemonade stand owner, quit the business and now searches for an after-school job. Is he officially unemployed?
A) No, because he was never employed in the first place. B) No, because he is under 16 years old. C) Yes, because he is no longer self-employed. D) Yes, because he is looking for work.
Suppose an individual experiences a permanent increase in income. As a result of this increased income, further assume that the individual eats dinner at restaurants more frequently each month
This information suggests that dinners at restaurants for this individual are A) an inferior good. B) a substitute good. C) a normal good. D) both complimentary and inferior.
Since World War II, international exchange rates have been
a. fixed all the time. b. floating all the time. c. fixed most of the time until the early 1970's, and floating most of the time since then. d. determined by the use of exchange controls.
Social Security benefits could be reduced in each of the following ways except
A. cutting the promised monthly benefit. B. reducing the degree to which benefits are adjusted for inflation. C. investing the trust fund in the stock market. D. increasing the retirement age.