Which of the Following Is Not an Advantage of Corrective

question 169

Multiple Choice

Which of the following is not an advantage of corrective taxes?

• A)They raise revenues for the government.
• B)They enhance economic efficiency.
• C)They subsidize the production of goods with positive externalities.
• D)They move the allocation of resources closer to the social optimum.

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Definitions:

Heart Beat

The rhythmic expansion and contraction of the heart, which indicates the flow of blood through the body.

Traditional

Pertaining to customs, practices, and norms that have been passed down through generations within a specific culture or society.

Difference Principle

A principle formulated by philosopher John Rawls suggesting that societal inequalities are only justified if they benefit the least advantaged members of society.