Thursday, July 21, 2011

Taxes collected on the basis of the benefits-received principle

ECONOMICS

Multiple Choice

Taxes collected on the basis of the benefits-received principle

a.provide the states with their main sources of revenue

b.tend to redistribute income from rich to poor

c.collect the same total amount from each individual

d.connect the revenue side of the budget with the spending side of the budget

e.make it possible for government to spend money on activities that markets can't provide

Click here for the SOLUTION

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