All of the Following Add to the Costs of Coupons

question 26

Multiple Choice

All of the following add to the costs of coupons EXCEPT:

• A)misredemption.
• B)redemption.
• C)customer handling.
• D)clearinghouse costs.
• E)the advertisement to deliver it.

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Definitions:

Tax

Mandatory financial charge or some other type of levy imposed upon a taxpayer by a governmental organization.

Tax Cuts

Reductions in the amount of taxes that individuals or corporations are required to pay to the government.

Tax Revenue

The monetary gains that are acquired by governments from taxation.

Arthur Laffer

Arthur Laffer is an economist known for the Laffer Curve, which posits that there is an optimal tax rate that maximizes revenue without discouraging economic activity.