Which Statement Is CORRECT

question 221

Multiple Choice

Which statement is CORRECT?

• A)If the government can make the tax system fairer without sacrificing efficiency,it should do so to maximize equity.
• B)If the government can make the tax system fairer without sacrificing efficiency,then the existing tax system is perfectly designed.
• C)There is no trade-off between equity and efficiency in the tax system.
• D)If the government can make the tax system fairer without sacrificing efficiency,it should seek to maximize equity at the expense of efficiency.

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Definitions:

Environmental Force

External factors such as social, economic, technological, competitive, and regulatory conditions that affect an organization's operations and decisions.

Exchange

The act of giving one thing and receiving another in return, especially in context to goods, services, or money.

Environmental Force

External factors such as climate, natural resources, and ecological conditions that can affect an organization's operations and strategies.

Technological

Pertaining to technology, involving or employing technology in a product, service, or method of operation.