Examlex
ABA is a method of modifying student behavior and is based on the work of
Maximal Deadweight Loss
The largest possible efficiency loss in a market, occurring when the allocation of resources is not optimal, often due to factors like taxes, subsidies, or monopolies.
Ability To Pay
A principle suggesting that taxes should be levied on individuals or entities based on their capacity to pay, usually measured by income or wealth.
Benefits Principle
The benefits principle is a taxation theory suggesting that taxes should be levied according to the level of benefits received by the taxpayer from government services.
Personal Income Taxes
Taxes levied on individuals or households based on their total personal income from all sources.
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