The Major Objective of the 1986 Tax Reform Was To

question 190

Multiple Choice

The major objective of the 1986 tax reform was to: (i) enhance efficiency by lowering marginal tax rates; (ii) enhance equity by closing "loopholes."

• A)i and ii 
• B)i but not ii 
• C)ii but not i 
• D)neither i nor ii

---

Definitions:

ECU

Stands for Engine Control Unit, an electronic module that controls various engine functions and performance parameters.

Voltage Spikes

Sudden increases in electrical voltage that can potentially cause damage to electronic devices and components.

Circuitry Damage

Damage to the electrical pathways in a device that can interrupt the flow of electricity and impair functionality.

Microprocessors

Small, powerful processors that perform calculations and manage the operations of a computer or specialized hardware device.