Henry George, the Author of Progress and Poverty (1879), Claimed

question 50

Multiple Choice

Henry George, the author of Progress and Poverty (1879) , claimed that ________________.

• A) tariffs benefited labor as much as business
• B) the only way to achieve social justice was by abolishing private property
• C) a single property tax, based on the rise in property values caused by increased market demand, would prevent profiteering by land speculators
• D) only a rigidly enforced income tax on the wealthy could provide the revenue necessary to end poverty

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Definitions:

SST

In the context of statistics, often short for Sum of Squares Total, representing the total variability of a dataset.

Estimated Regression Equation

A formula that predicts a dependent variable based on one or more independent variables.

Sales

A measure of the total amount of goods and services sold by a company in a specific period.

Coefficient Of Determination

A statistical measure that explains how much the variance of one variable explains the variance of the second variable.