When a Clarke Tax Is Used to Finance a Public

question 35

Multiple Choice

When a Clarke tax is used to finance a public good,each person's tax equals

• A) the amount that he is willing to pay for the good.
• B) the difference between the value he places on the public good and its cost.
• C) the cost of the public good minus the value that other people claim to receive from it.
• D) everyone else's tax,with the sum equaling the cost of producing the public good.

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Definitions:

Sediment Size

A classification measure of solid particles in sediments or sedimentary rocks, based on their diameter, ranging from clay to boulders.

Mountain Streams

Fast-flowing bodies of water that originate in mountainous regions, often contributing to the erosion and shaping of the landscape.

Stream Velocities

Stream velocities refer to the speed at which water flows in a stream or river, influenced by gradient, channel geometry, and volume of flow.

Erosion Pattern

The distinctive way in which natural forces remove soil, rock, or dissolved material from one location on the Earth's surface and then transport it to another, shaping the landscape.