If One Was Concerned Only with Satisfying the "Benefit Principle

question 110

Multiple Choice

If one was concerned only with satisfying the "benefit principle," the ideal tax would be a(n)

• A)income tax.
• B)surcharge tax.
• C)sales tax.
• D)user charge.
• E)proportional income tax.

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Definitions:

Batch

A grouping of a number of items processed or produced together as a single lot.

Operating Characteristics Curve

A graphical representation that shows the relationship between the capability of a process and its performance with respect to different criteria.

Acceptance Sampling

A statistical quality control method that involves inspecting a random sample of items from a lot to determine if the entire lot should be accepted or rejected.