A Tax System with Little Deadweight Loss and a Small

question 506

Multiple Choice

A tax system with little deadweight loss and a small administrative burden would be described as

• A)equitable.
• B)communistic.
• C)capitalistic.
• D)efficient.

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Definitions:

Freud

Sigmund Freud was an Austrian neurologist who established the field of psychoanalysis, which involves treating mental disorders by engaging in conversation between the patient and a psychoanalyst.

Oral Stage

The first stage of psychosexual development, during which gratification is hypothesized to be attained primarily through oral activities.

Unconscious Mind

A part of the mind that houses desires, memories, and knowledge of which the individual is not aware but that can still influence behaviors and thoughts.

Primitive Instincts

Innate impulses and behaviors that are thought to be deeply ingrained in humans and animals, typically aimed at survival and reproduction.