Which of the Following Statements Does Not Describe the Classical

question 48

Multiple Choice

Which of the following statements does not describe the classical standard of tax efficiency?

• A) An efficient tax is a neutral factor in a free market economy.
• B) An efficient tax does not change taxpayer behavior.
• C) An efficient tax encourages full employment.
• D) An efficient tax favors a laissez-faire economy policy.

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Definitions:

Landslides

The movement of a mass of rock, earth, or debris down a slope due to gravity.

P-S Intervals

The time difference between the arrival of primary (P) and secondary (S) waves on a seismogram, used to determine the distance to an earthquake source.

Seismic Stations

Facilities equipped to detect, record, and measure seismic waves and activity, contributing to the monitoring and understanding of earthquakes.

Liquefy Sediments

The process by which solid sediments transform into a liquid state, often triggered by events such as earthquakes.