Which of the Following Is FALSE

question 5

Multiple Choice

Which of the following is FALSE?

• A)Tariffs are a relatively easy tax to administer and often form an important part of revenue for low-income countries.
• B)Taxes on income, sales, and property require more complex accounting systems than do tariffs.
• C)Low-income countries often have large informal markets with the sales of many goods and services not being recorded, which makes it difficult to apply many kinds of taxes.
• D)Tariffs are not an attractive tax option for most low-income countries, so they mostly rely on quota licenses for revenue.

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Definitions:

Test Statistic

A calculated value from sample data used in hypothesis testing to determine whether to reject the null hypothesis.

Null Hypothesis

A statement that asserts no effect or no difference in the context of a statistical test, serving as the default assumption to be tested.

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A demographic characteristic indicating a person's legal partnership status, such as single, married, divorced, or widowed.

Level Of Happiness

A measure or assessment of how content, satisfied, or happy an individual or group feels.