The Basis for Henry George's Single-Tax Program Was to Tax

question 33

Multiple Choice

The basis for Henry George's single-tax program was to tax:

• A)all implicit and explicit returns so as to prevent any shifting of the tax.
• B)payments to landlords, with no attention to the distorting effects on production.
• C)the earned increment of land value, and then to rebate part of the tax back to the landlord.
• D)the unearned increment of land value without shifting the tax forward to consumers.
• E)all land so as to do away with any neighborhood and externality effects.

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Definitions:

Nash Equilibria

Situations in a strategic game where no player can benefit by changing their strategy while the other players keep theirs unchanged.

Stable

In an economic context, it refers to a situation or condition that is not significantly changing or is predictable and thus not subject to rapid fluctuations.

Noncooperative Games

A type of game theory in which players make decisions independently, without colluding or forming alliances, often leading to suboptimal outcomes for all involved.

Homogeneous Good

A product or service that is considered identical or very similar no matter who produces it, making price the main differentiator.