If Two Families Are Identical with Respect to Size, Income

question 111

Multiple Choice

If two families are identical with respect to size, income, general expenses, etc., and are taxed equally, we say that there is

• A)horizontal equity.
• B)vertical equity.
• C)observance of the ability-to-pay principle.
• D)intergenerational equity.

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Definitions:

Red blood cells

Oxygen-carrying cells in the blood, known scientifically as erythrocytes, critical for transporting oxygen from the lungs to tissues throughout the body.

White blood cells

Cells of the immune system involved in protecting the body against both infectious disease and foreign invaders.

Platelets

Fragments of cytoplasm in the blood that are crucial to clot formation; also called thrombocytes.

Whole blood

Blood drawn directly from the body from which none of the components, such as plasma or platelets, have been removed.