Q) If a tax is economical, Select one: a. its cost of collection is small relative to the revenue collected. b. it has an economic impact on households. c. it creates no economic distortions. d. its revenues are used to finance productive investments.

Q) If a tax is economical, Select one: a. its cost of collection is small relative to the revenue collected. b. it has an economic impact on households. c. it creates no economic distortions. d. its revenues are used to finance productive investments.

Economics (MindTap Course List)

13th Edition

ISBN:9781337617383

Author:Roger A. Arnold

Publisher:Roger A. Arnold

Chapter11: Fiscal Policy And The Federal Budget

Section: Chapter Questions

Problem 7QP

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Question

Q) If a tax is economical,

Select one:

a. its cost of collection is small relative to the revenue collected.

b. it has an economic impact on households.

c. it creates no economic distortions.

d. its revenues are used to finance productive investments.

Explain it Early and correctly. Not copy paste anything from Anywhere.

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