Adam Smith's Canons of Taxation Are Equity,certainty,convenience,and Economy

question 75

True/False

Adam Smith's canons of taxation are equity,certainty,convenience,and economy.

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Definitions:

Weak Form Efficiency

Refers to a theory in financial economics that suggests all past market prices and data are fully reflected in current stock prices, implying that past price movements cannot predict future stock prices accurately.

Higher Returns

The potential for gaining more profit or income from an investment compared to other options.

Dividend Yield

Dividend yield is a financial ratio that shows how much a company pays out in dividends each year relative to its stock price.