A Tax Meets the Standard of Efficiency If It Generates

question 66

True/False

A tax meets the standard of efficiency if it generates enough revenue to pay for the public goods and services provided by the government.

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Definitions:

Sources

The origins or providers of information, items, or energy.

Central Route

In the context of persuasion, a method of processing that involves careful and thoughtful consideration of the arguments and content of a message.

Persuasion

The process of influencing someone's beliefs, attitudes, or behaviors through argument, reasoning, or appeal.

Gas Mileage

A measure of how many miles a vehicle can travel on one gallon of fuel; also known as fuel efficiency.