Which of the Following Statements Is True

question 121

Multiple Choice

Which of the following statements is true ?

• A)Sales, excise, and flat-rate taxes violate the ability-to-pay principle of taxation fairness because each results in a greater burden on the poor than the rich.
• B)Government failure may occur if voters are rationally ignorant.
• C)Government failure may occur because of special-interest group political pressure.
• D)All of these.

Appreciate the contribution of small businesses to job creation and economic growth.

Differentiate between entrepreneurs and general administrators in terms of their roles, risk behavior, and motivations.

Grasp the process of entrepreneurship and its disregard for resources at hand.

Analyze the impact of personal and organizational factors on the success of entrepreneurial ventures.

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Definitions:

Myoglobin

A protein in muscle cells that stores oxygen and gives muscle tissue its red color.

Lactic Acid

An organic acid produced in muscles during intense activity, responsible for the sensation of muscle soreness.

Muscle Fatigue

A condition caused by a buildup of lactic acid.

Aerobic Respiration

A process of producing cellular energy involving oxygen and converting glucose and other nutrients into ATP, the energy currency of the cell.