A unanimous decision rule is equivalent to market exchange in terms of efficiency. a. True b. False ANSWER b
Date: September 9th, 2020
Public schools are often homogenous because of neighborhood attendance boundaries. a. True b. False ANSWER a
Date: September 9th, 2020
Individuals within a group have preferences. a. True b. False ANSWER a
Date: September 9th, 2020
Political considerations are unimportant to an understanding of tax policy. a. True b. False ANSWER b
Date: September 9th, 2020
Traditionally, elementary and secondary education was an enterprise of state government. a. True b. False ANSWER b
Date: September 9th, 2020
Concepts of equity are important because they provide some criteria for evaluating the fairness of a tax system. a. True b. False ANSWER a
Date: September 9th, 2020
Around 50 percent of elementary and secondary educational expenditures are still financed at the local level. a. True b. False ANSWER b
Date: September 9th, 2020
The concept of progressive, proportional, and regressive taxation is positive in nature. a. True b. False ANSWER a
Date: September 9th, 2020
It is likely true that education produces positive externalities. a. True b. False ANSWER a
Date: September 9th, 2020
Taxes on beer are progressive if considered in terms of lifetime income because college students consume so much beer. a. True b. False ANSWER a
Date: September 9th, 2020
