Which of the Following Is Not an Advantage of Corrective

question 169

Multiple Choice

Which of the following is not an advantage of corrective taxes?

• A)They raise revenues for the government.
• B)They enhance economic efficiency.
• C)They subsidize the production of goods with positive externalities.
• D)They move the allocation of resources closer to the social optimum.

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Definitions:

Resilience

The capacity to recover quickly from difficulties; toughness and the ability to withstand and adapt to life’s challenges.

CSR Practices

Corporate Social Responsibility practices involve companies voluntarily exceeding legal requirements to benefit social and environmental causes.

Formal

Pertaining to official, structured, and often ceremonious procedures or arrangements within an organization.

Informal

Lacking official procedure or formal structure, often characterized by casual and relaxed interactions.