A city finances a performing arts center by adding a $2.75 tax to each ticket sold.This is an example of taxation via the benefits principle

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


True

Economics

You might also like to view...

A, B, and C have the following preferences for fruits: A: apples > bananas > peaches > pineapples B: bananas > apples > pineapples > peaches C: apples > pineapples > peaches > bananas Use the Borda Count method to determine the most preferred fruit

a. Apples b. Bananas c. Peaches d. Pineapples

Economics

The Malthusian prospect of starvation of the population could be prevented by: a. increasing the amount of land available for agriculture

b. investing in research and development of new technologies. c. expanding food production on available land. d. all of the above

Economics

The economy was in long-run equilibrium when aggregate demand increased. At this point in time, the expected inflation has started to adjust to the new higher actual inflation rate. According to the (Friedman) natural rate theory, this means the unemployment rate in the economy must currently be

A) decreasing. B) increasing. C) higher than it was in long-run equilibrium. D) equal to what it was in long-run equilibrium. E) There is not enough information to answer the question.

Economics

The split between the AFL and the CIO in 1935 had to do with

A. whether unions were to be organized along craft lines or industry lines. B. whether the unions were to pursue political goals or economic goals. C. communist influence in the American labor movement. D. corruption in the American labor movement.

Economics