If Government Officials Are Mainly Interested in Generating Tax Revenue

question 143

True/False

If government officials are mainly interested in generating tax revenue, then they should tax goods for which demand is price inelastic.

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Definitions:

Moralia In Job

A significant early medieval commentary on the Book of Job, written by Pope Gregory I around the end of the 6th century.

Allegory

A narrative or visual work in which characters, events, or settings symbolize abstract concepts or moral qualities, conveying deeper meanings.

Monks

Religious men who live in a community or alone, dedicating their lives to religious practice.

Tympanum

The semi-circular or triangular decorative wall surface over an entrance, bounded by a lintel and arch, often carved with sculpture in Romanesque and Gothic architecture.