Which of the Following Was Not a Belief of Henry

question 45

Multiple Choice

Which of the following was not a belief of Henry George and the single-tax movement?

• A)Rental income is unfair because landlords do not really earn it from any productive effort.
• B)Rental income should be taxed heavily and should be the primary source of revenues for the government.
• C)Taxing rental income would adversely affect allocative efficiency because the tax would change how landlords use their land.
• D)The single tax on rent would not adversely affect society's productive efficiency.

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Definitions:

Mid-Ocean Ridges

Underwater mountain ranges formed by plate tectonics, where new oceanic crust is created through volcanic activity.

Ocean Basins

The underwater depressions of the Earth's surface that contain the bulk of the planet's ocean water.

Abyssal Plains

Vast, flat areas of the deep ocean floor, situated at depths between 3,000 and 6,000 meters below sea level.

Seamounts

Underwater mountains formed by volcanic activity, which rise from the ocean floor but do not reach the surface.