Which of the Following Is Not an Advantage of a Lump-Sum

question 203

Multiple Choice

Which of the following is not an advantage of a lump-sum tax in comparison to other types of taxes?

• A)It would not cause deadweight loss.
• B)It imposes a minimal administrative burden on taxpayers.
• C)It is more equitable.
• D)It is more efficient.

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Federal Reserve

The central banking system of the United States, responsible for monetary policy, regulating banks, and ensuring financial system stability.

High-Quality Corporations

Companies known for their strong financial health, stability, product quality, and reliable customer service.

National Debt

The total amount of money that a country's government has borrowed, by various means.

Loanable Funds

The total amount of capital available for borrowing, often used in the context of the market for loans.