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
You might also like to view...
When the federal funds rate is below the target rate, the Fed will _____ bonds. This action will _____ the money supply
Fill in the blank(s) with correct word
Running a supermarket involves:
A. the same level of risk as running a gourmet shop. B. a lower level of risk than running a gourmet shop. C. a higher level of risk than running a gourmet shop. D. All of the statements associated with this question are correct.
When a market is in equilibrium:
A. both excess demand and excess supply are positive. B. there is neither excess demand nor excess supply. C. both excess demand and excess supply are positive and equal to each other. D. there is either excess demand or excess supply.
Assume the current interest rate is 20%. The present value of $900 in one year would be
A. $180. B. $450. C. $750. D. $1,080.