Which of the Following Is Not Characteristic of a Tax

question 68

Multiple Choice

Which of the following is not characteristic of a tax?

• A)A tax is compulsory.
• B)A tax is intended to punish unacceptable behavior.
• C)A tax is levied by a government.
• D)All of the above are characteristics of a tax.

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Definitions:

Daily Aspirin

A regimen of taking aspirin every day, often recommended to reduce the risk of heart attack or stroke.

Heart Attack

A medical emergency that occurs when the flow of blood to the heart is blocked, causing heart muscle damage or death.

Normal Good

A type of good for which demand increases when consumer income rises, and decreases when consumer income decreases.

Rental Price

The cost associated with renting a property, such as an apartment or a car.