A Tax System _____ When It Minimizes the Direct and Indirect

question 274

Multiple Choice

A tax system _____ when it minimizes the direct and indirect costs to the economy of tax collection.

• A)is efficient
• B)is equitable
• C)has no deadweight loss
• D)is in equilibrium

---

Definitions:

Assembly Language

A low-level programming language that translates human-readable code into machine code understood by a computer's CPU.

Assembly Code

A low-level programming language that is closely related to the machine code instruction set of a computer's CPU.

Assembler

A type of computer program that translates assembly language into machine language.

Bytecode Instruction

An instruction in the form of binary code that can be executed by a virtual machine, typically used in Java.