Who Once Said That Taxes Are the Price We Pay

question 79

Multiple Choice

Who once said that taxes are the price we pay for a civilized society?

• A)Milton Friedman
• B)Theodore Roosevelt
• C)Arthur Laffer
• D)Oliver Wendell Holmes, Jr.

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Definitions:

First Instinct Fallacy

The false belief that it is better not to change one’s first answer on a test even if one starts to think that a different answer is correct.

Upward Counterfactual Thinking

The process of imagining better alternatives to past events, which can have various emotional or motivational effects.

Downward Counterfactual Thinking

Generating thoughts of how situations could have been worse, which can sometimes improve emotional state.

Statistical Regression

The statistical tendency for extreme scores or extreme behavior to be followed by others that are less extreme and closer to average.