Recall the Application About the Relationship Between Tax Rates and Tax

question 123

Multiple Choice

Recall the Application about the relationship between tax rates and tax revenues which was proposed by Yu Juo, one of the twelve wise men who succeeded Confucius in ancient China, to answer the following question(s) .
-According to this Application, Yu Juo proposed that the Chinese government should ________ the tax rate in the case of a famine if the government had insufficient funds, and this would ________ the standard of living.

• A) increase; increase
• B) cut; increase
• C) cut; decrease
• D) increase; decrease

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Definitions:

McLuhan

Marshall McLuhan was a Canadian philosopher and professor known for his work on media theory and his prediction of the World Wide Web nearly thirty years before it was invented.

Medium Matters

The concept that the medium through which information is conveyed affects the interpretation and understanding of that information.

Baudrillard

A French sociologist and philosopher known for his theories on media, simulation, and hyperreality.

Simulation

Baudrillard’s assertion that media create a “simulated” world through the reinforcement of certain images and signs.