In practice, it is difficult to integrate the concept of vertical equity into the tax code although it is widely agreed that high-income individuals should pay more. a. True b. False ANSWER a
Date: September 9th, 2020
The key point about a TIT for TAT strategy is _____. a. it is confusing to others b. it leads to sub-optimal outcomes c. that over time it encourage cooperation d. that it leads to a one time victory ANSWER c
Date: September 9th, 2020
Per pupil spending on education was seven times higher in 2000 than in 1940 after adjusting for inflation. a. True b. False ANSWER a
Date: September 9th, 2020
In terms of economic organization, the main difference between high schools and colleges is _____. a. that most colleges are monopolies while high schools are highly competitive b. that most colleges are for-profit institutions while high schools are public nonprofits c. that more market mechanisms are used at the college level d. there are no […]
Date: September 9th, 2020
The results of human action but not of human design a. have traditionally led to anarchy b. can easily be converted into collective decision-making c. have frequently evolved over time into self-enforcing social institutions d. is in actually the result of planned education funding ANSWER c
Date: September 9th, 2020
Welfare programs satisfy the criteria of the benefit principle. a. True b. False ANSWER b
Date: September 9th, 2020
In 2000, there were around _____ charter schools in the United States. a. 1,000 b. 5,000 c. 10,000 d. 20,000 ANSWER a
Date: September 9th, 2020
Special interests influence tax policy at all levels of government, but ______. a. they are most effective at the local level b. they are most effective at the state level c. they are most effective at the federal level d. they are equally effective at all levels of government ANSWER c
Date: September 9th, 2020
Philosopher John Rawls developed a thought experiment to help determine a standard by which we could say individuals are in agreement with the constitutional rules and, thus, actions of government. Behind his “veil of ignorance” _____. a. people know nothing about their friends and family b. people know nothing about themselves c. people know nothing […]
Date: September 9th, 2020
A complete understanding of tax policy requires knowledge of the principles of equity and efficiency in taxation, as well as awareness of _____. a. business b. sociology c. ethics d. politics ANSWER Tax Policy in the Real World
Date: September 9th, 2020
