Which of the Following Statements in Correct

question 196

Essay

Which of the following statements in correct?
A.If the government can make the tax system fairer without additional inefficiency, it should do so in order to maximize efficiency.
B.If the government can make the tax system fairer without additional inefficiency, then the existing tax system is perfectly designed.
C.There is no trade-off between equity and efficiency in the tax system.
D.If the government can make the tax system fairer without additional inefficiency, it should seek to maximize equity at the expense of efficiency.

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Definitions:

Anxiety

An emotion of concern, anxiety, or discomfort due to an uncertain result.

Hallucinations

Experiencing sights and sounds without external sources, like noticing things which do not actually exist.

Voices

Auditory experiences where a person hears sounds or speech without external stimulus, commonly associated with certain mental health conditions.

Stress

A physical or emotional reaction to demanding or threatening situations, causing strain or tension.