Examlex
In the healthcare context,the distributive justice criterion of ability refers to the _____.
Tax
A fundamental fiscal obligation or alternative sort of levy placed upon a taxpayer by a government power, promoting government funding and assorted investments in public infrastructure.
Consumer Surplus
The difference between the maximum price a consumer is willing to pay for a good or service and the actual price they do pay, reflecting the economic benefit obtained by consumers.
Tax Revenue
Tax revenue represents the income that a government receives from taxing individuals and businesses within its jurisdiction.
Equilibrium Quantity
The quantity of goods or services that is supplied and demanded at the equilibrium price, where supply equals demand in a market.
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