The Notion That Equally Situated Individuals Should Be Taxed Equally

question 20

Multiple Choice

The notion that equally situated individuals should be taxed equally is referred to as

• A)horizontal equity.
• B)vertical equity.
• C)the benefits principle.
• D)the Gini principle.

---

Definitions:

Farmers' Market

A public marketplace where local farmers and vendors sell their fresh produce and goods directly to consumers.

Normally Distributed

A statistical term describing data that follows a bell-shaped curve, where most observations cluster around a central peak.

Standard Deviation

A tool used to assess the range or variability of data values.

6-Sided Dice

A cube-shaped object with each of its six faces bearing a number from one to six, used in various games to generate random numbers.