In addition to tax payments, the two other primary costs that a tax system inevitably imposes on taxpayers are

a. deadweight losses and administrative burdens.
b. deadweight losses and frustration with the political system.
c. administrative burdens and tax-preparation costs.
d. administrative burdens and the risk of punishment for failure to comply with tax laws.


a

Economics

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Which of the following statements is true of capital gains in the U.S.?

A. Capital gains are taxed only if they are long-term. B. Capital gains are taxed only for low-income groups. C. Capital gains are taxed on accrual. D. Capital gains are forgiven at death.

Economics

Answer the following statement(s) true (T) or false (F)

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Economics

Most modern countries have prohibitions on the trading of human organs in the marketplace

What impact do you believe such laws have had on the availability of organs for patients that need them? Furthermore, which people are most likely to be able to obtain the organs that they require and why? Explain the ethical dilemma that is at work that makes the strict application of basic economic principles difficult to put into practice in cases like this.

Economics