The Use of a Property Tax to Fund Public Schools

question 2

Multiple Choice

The use of a property tax to fund public schools is an example of _____.

• A)the benefit principle at work
• B)the ability-to-pay principle at work
• C)a compromise between the benefit and ability-to-pay principles
• D)the Ramsey rule at work

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Definitions:

Human Immunodeficiency Virus

A virus that attacks the immune system and can lead to acquired immunodeficiency syndrome (AIDS), a condition in which progressive failure of the immune system allows life-threatening opportunistic infections and cancers to thrive.

Malignant Tumours

Cancerous growths that have the ability to invade nearby tissues and spread to other parts of the body.

Blood

A vital liquid in humans and animals that delivers necessary substances such as nutrients and oxygen to the cells and transports metabolic waste products away.

Volatility

A statistical measure of the dispersion of returns for a given security or market index, often used to quantify the risk of the security or market.