The City of Granby, Colorado, Recently Enacted a 1

question 98

Multiple Choice

The city of Granby, Colorado, recently enacted a 1.5 percent surcharge on vacation cabin rentals that will fund the city's new elementary school. This surcharge is an example of _____.

• A)a sin tax to discourage undesirable behavior
• B)a government fine
• C)an earmarked tax
• D)a sin tax to discourage undesirable behavior and an earmarked tax
• E)None of the choices are correct

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Definitions:

Advertisements

Messages aimed at influencing the attitudes, decisions, or behavior of a target audience, often for promoting products or services.

Fairy Tales

A type of short story that typically features folkloric fantasy characters, such as dwarves, dragons, elves, fairies, giants, gnomes, goblins, mermaids, trolls, witches, and usually magic or enchantments.

Altruism

The selfless concern for the well-being of others, often manifested in acts of kindness or generosity without expectation of personal gain.

Reciprocity Norm

Social rule emphasizing the expectation to respond in kind to others' actions, fostering cooperation and fairness in human interactions.