Which of the Following Is Not an Example of a Wireless

question 22

Multiple Choice

Which of the following is not an example of a wireless technology that is being integrated throughout business?

• A) RFID
• B) GPS
• C) Bluetooth
• D) Micro hard drive

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Definitions:

Neutral Taxes

Taxes that do not affect the allocation of resources between different goods or activities in the economy.

Excess Burdens

The economic inefficiencies or losses that result from imposing taxes or government policies.

Principle of Second Best

An economic theory that suggests when a condition for a perfect market cannot be met, the next-best solution may involve violating another condition to improve efficiency.

Distortionary Tax

A tax that causes people to alter their behavior and make different economic decisions than they would in a free market, potentially leading to inefficiency.