Which of the Following Statements Is True

question 23

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 smaller burden on the poor than the rich.
• B) Government failure may occur if voters are rationally ignorant.
• C) Special-interest group political pressure results only from programs for which benefits outweigh costs.
• D) Majority-rule voting and benefit-cost analysis result in the same projects being undertaken.

Understand the importance of incorporating ethics and social responsibility in strategic planning.

Assess the impact of social responsibility on customer loyalty and organizational performance.

Analyze the growing significance of ethics and social responsibility in modern marketing strategies.

Understand the components and importance of effective branding strategies.

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Definitions:

Visual Images

Visual images are representations of objects or scenes that can be seen by the mind or through digital or physical mediums, often used in communication, art, and memory recall.

Psychoactive Drugs

Substances that alter perception, mood, or consciousness when consumed.

Perceptions

The processes by which individuals interpret and organize sensory information to give it meaning.

Moods

Long-lasting emotional states that do not have an identifiable triggering stimulus and affect feelings and behaviors.