When Evaluating the Costs and Benefits of Alternative Types of Taxes

question 1

Multiple Choice

When evaluating the costs and benefits of alternative types of taxes, economists find it useful to consider: efficiency. revenue. incidence.

• A)I only
• B)II and III only
• C)III only
• D)I, II, and III

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Definitions:

Obedience Experiments

Obedience experiments are psychological tests that study how people obey authority figures, even when asked to perform acts conflicting with their personal morality.

Authority

The power or right to give orders, make decisions, and enforce obedience.

Milgram

A psychologist known for his research on obedience, revealing how ordinary people can commit extraordinary acts under authority pressure.

Obedience

Following the commands or guidance of an authority figure without questioning.