In Singapore, Property Taxes on an Automobile Can Exceed the Purchase

question 81

Multiple Choice

In Singapore, property taxes on an automobile can exceed the purchase price of a new automobile.Assuming that the tax is a fixed percentage of market value, which of the following does this tax represent?
(i) a policy in which private incentives are used to reduced the traffic externality on congested roads in Singapore
(ii) the government's direct control over the number of automobiles that are purchased
(iii) a policy in which private incentives are used to reduce automobile pollution

• A)(i) and (ii) only
• B)(i) and (iii) only
• C)(ii) and (iii) only
• D)(i), (ii) and (iii)

---

Definitions:

Type II Diabetes

A chronic condition that affects the way the body processes blood sugar (glucose), characterized by insulin resistance or deficiency.

Gestational Diabetes

A type of diabetes that develops during pregnancy and usually resolves after giving birth.

Physically Active

Engaging in bodily movements that expend energy, including exercises and daily activities, to maintain or improve health and fitness.

Osteoporosis

A disease characterized by a reduction in bone density, brittleness of bones, and a loss of calcium from the bones.