Which of the Following Might Be Added Benefits of Forcing

question 10

Multiple Choice

Which of the following might be added benefits of forcing students to stay in school longer?
(i) a lowering of the opportunity cost of dropping out of school
(ii) a better learning environment in the classroom for those who are compelled to stay in school
(iii) lower crime rates

• A)(i) only
• B)(iii) only
• C)(ii) and (iii)
• D)(i) and (iii)

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Definitions:

Liabilities

Financial obligations or debts that a business or individual owes to others.

Assets

Resources owned by a business or individual that have economic value and can provide future benefits.

Taxable Income

The portion of an individual's or organization's income that is subject to taxation by governing authorities.

Horizontal Equity

Horizontal equity is a principle in taxation that dictates that individuals with similar income and assets should pay the same amount in taxes.