Concepts Useful in Evaluating the Costs and Benefits of Alternative

question 114

Multiple Choice

Concepts useful in evaluating the costs and benefits of alternative types of taxes are:

• A) efficiency, incidence and scarcity.
• B) revenue, scarcity, and shortage.
• C) incidence, scarcity, and shortage.
• D) efficiency, revenue and incidence.

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Definitions:

Eupnea

Normal, good, unlabored breathing.

Eu-

A prefix meaning good, well, advantageous, or normal in the context of medical terminology.

Hypo-

Prefix indicating low, under, beneath, down, or less than normal.

Mega-

A prefix in medical terminology indicating enlargement or one million units.