Following the Implementation of Laws Requiring Automobiles to Have Seat

question 128

Multiple Choice

Following the implementation of laws requiring automobiles to have seat belts,which of the following occurred?

• A)An individual's probability of surviving an auto accident rose.
• B)There was an increase in pedestrian deaths.
• C)There was an increase in automobile accidents.
• D)All of the above are correct.

---

Definitions:

Net Worth

The total assets minus total liabilities of an individual or entity, representing the value of their economic position.

Consumption

The use of goods and services by households or individuals, representing the final use of produced goods and services in an economy.

Horizontal Equity

is a principle in taxation that mandates taxpayers with similar income or assets should be taxed at the same rate.

Tax Burdens

Tax burdens refer to the economic impact of taxes on individuals or corporations, often measured as a percentage of income or profits.