If a Tax System Is Designed to Minimize the Sum

question 82

Multiple Choice

If a tax system is designed to minimize the sum of its deadweight loss and its administrative cost,its principal goal is:

• A)maximizing efficiency.
• B)maximizing equity.
• C)maximizing revenue.
• D)minimizing the tax burden.

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Definitions:

Elements of Unsaturation

A measure used in organic chemistry to determine the number of π bonds and rings in a molecule.

Carbon-Carbon Single Bonds

Bonds formed by the sharing of a single pair of electrons between two carbon atoms.

Carbon-Carbon Double Bonds

A chemical bond between two carbon atoms involving four bonding electrons instead of the usual two, leading to the formation of alkenes.

Rotation

The action or process of rotating on or as on an axis or center, commonly referred to in chemistry as the movement of molecules, specifically their ability to rotate polarized light.