According to the Economist Milton Friedman,the "Least Bad" Tax Is

question 222

Multiple Choice

According to the economist Milton Friedman,the "least bad" tax is a tax on

• A)income received from profits and interest.
• B)labor income.
• C)the unimproved value of land.
• D)the value of land including the improvements to the land.

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Definitions:

Allowances

Amounts of money or discounts given for a specific purpose or as an adjustment, commonly used in budgeting and financial planning.

Time Studies

Time Studies involve the analysis and measurement of the time required to perform tasks and processes, aimed at identifying efficiencies and inefficiencies for optimization.

Work Conditions

Refers to the various factors that define the working environment, including physical, social, and psychological aspects, which can influence employee well-being and productivity.

Therbligs

Basic physical elements of motion.