Criteria That Economists Use in Selecting a Tax System Include

question 41

Multiple Choice

Criteria that economists use in selecting a tax system include:

• A) ability to pay and benefits received.
• B) fairness.
• C) only benefits received.
• D) only ability to pay.

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Definitions:

AIDS

Acquired Immunodeficiency Syndrome, a life-threatening condition caused by the HIV virus, which severely damages the immune system.

BPH

Benign Prostatic Hyperplasia, a medical condition involving noncancerous enlargement of the prostate gland, common in older men.

Prostatic Hyperplasia

An enlargement of the prostate gland, often seen in older men, which can lead to urinary tract symptoms.

FSH and LH

Follicle-stimulating hormone (FSH) and luteinizing hormone (LH) are hormones involved in the human reproductive process, controlling sexual development and function.