Which of the Following Statements Is True

question 49

Multiple Choice

Which of the following statements is true?

• A)Taxes reduce the incentive to work because they increase an individual's after-tax earnings.
• B)Taxes do not have any impact on the incentive to work, but they increase an individual's after-tax earnings.
• C)Taxes increase the incentive to work because they increase an individual's after-tax earnings.
• D)Taxes increase the incentive to work because they do not affect an individual's after-tax earnings
• E)Taxes reduce the incentive to work because they reduce an individual's after-tax earnings.

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Definitions:

Water Table

The level below the Earth's surface at which the ground is saturated with water.

Artesian

Groundwater that is in a confined aquifer and is under enough water pressure to rise above the level of the aquifer.

Water Table

The water table is the upper level of an underground surface in which the soil or rocks are permanently saturated with water, delineating the boundary between the aquifer's unsaturated zone and saturated zone.

Topography

The arrangement of the natural and artificial physical features of an area, including its relief and the position of its features.