Which of the Following Is True

question 43

Multiple Choice

Which of the following is true?

• A) A lump-sum tax on a good reduces inequality.
• B) A lump-sum tax requires the rich and the poor to pay the same amount of taxes.
• C) A lump-sum tax requires the poor to pay a smaller percentage of their income in tax.
• D) A lump-sum tax leads to a huge deadweight loss.

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Definitions:

Bone Density

A measure of the amount of minerals (such as calcium) contained in a certain volume of bone, indicating its strength and risk for fracture.

Reduced Interest

A decrease in engagement or enthusiasm for activities or subjects that one previously found appealing or important.

Testosterone

A steroid hormone produced primarily in the testes in males and the ovaries in females, playing a key role in the development of male reproductive tissues and secondary sexual characteristics.

Developing Embryos

Early stages of fetal development following conception, characterized by rapid cell division and the beginning of organ formation.