Which of the Following Statements Is Concerned with Equity Rather

question 66

Multiple Choice

Which of the following statements is concerned with equity rather than efficiency?

• A) Almost all taxes create some amount of deadweight loss.
• B) Excise taxes tend to raise prices for consumers and reduce sales for firms.
• C) Tax rates on the wealthy are too low and should be raised.
• D) The incidence of a tax does not depend on who actually pays it.
• E) Taxes generate revenues that governments spend on services.

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Definitions:

Virtuous Shift

A conceptual or behavioral change towards more ethical, positive, or morally superior practices within an individual or organization.

Influencing Process

The act of affecting or altering someone's beliefs, attitudes, or behaviors through persuasion or example.

Change Leaders

Individuals or entities that drive and influence positive transformation within an organization or community.

Archie Carroll

A scholar notable for his work in corporate social responsibility, especially his pyramid model that outlines the responsibilities of businesses.