When the government increases taxes to provide traditional public goods, such as national security, there tends to be
a. widespread benefits and costs
b. widespread costs and concentrated benefits
c. concentrated benefits and costs
d. widespread benefits and concentrated costs
e. widespread costs and either widespread or concentrated benefits
A
You might also like to view...
Suppose Brazil has a comparative advantage in coffee production and Mexico has a comparative advantage in tomato production. If these two countries specialize and trade, which of the following is true?
A. Brazilian tomato producers are worse off. B. Brazilian coffee producers are worse off. C. Mexican tomato producers are worse off. D. Mexican coffee producers are better off.
Draw a graph of the firm's demand, marginal revenue, marginal cost, and average total cost curves.
Among the most important demand side factors explaining homes prices would be the size of the
A. homebuyer's car. B. metropolitan area and home itself. C. home. D. metropolitan area.
Explain the reasons for a decrease in the rate of illegal immigration in the United States in recent years
What will be an ideal response?