Is a gas tax better described as reflecting the ability to pay principle or the benefits received
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
Yes gas tax better described as reflecting the ability to pay prin...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
Multiple Choice Questions 1. The ability to pay principle states: a. Those with the greatest ability to pay taxes should pay more. b. Those with the least ability to pay taxes should pay more. c....
-
The ability to pay bills when due and to meet unexpected needs for cash most closely describes a. Cash flow adequacy b. Long-term solvency c. Liquidity d. Profitability
-
Why does the Fed want the ability to pay interest on reserve accounts?
-
Is a flat-rate or flat-fee system more efficient for pricing scarce water? Why?
-
Name some industries in which process costing is common.
-
Given a trapezoidal swept-back wing, the wingtip chord length b1, the wing root chord length b0, the taper ratio = b0/b1, and the spanwise length l, try to derive the calculation formulas of area,...
-
Evaluate Mephisto Products current approach to sales. Why has it been relatively successful to date?
-
Sam, age 35, and Kathy, age 33, are married and have a son, age 1. Sam is employed as an accountant and earns $75,000 annually. Kathy is professor of finance at a large state university and earns...
-
A standard soft drink can holds 12 fluid ounces. There are 16 fluid ounces in a pint, 2 pints in a quart, and 4 quarts in a gallon. How many 12 fluid ounce cans of pop could you pour into a 2 liter...
-
Assume the input to the block shown below is r(t) = 10t Write the equivalent differential equation for the system depicted in the block diagram R(s) 54 +25 +35 +5+1 55+55 +85 +25 +35+4 C(s)
-
Could the burdens of a regulation be either progressive or regressive, like the effects of a tax?
-
Why would the benefits received principle be difficult to apply to national defense and the provision of the justice system?
-
Microinjection of an antibody known as EAGE, which reacts with the "hinge" region of the subunit of COPI, causes accumulation of Golgi enzymes in transport vesicles and inhibits anterograde...
-
After the tangible assets have been adjusted to current market prices, the capital accounts of Elayne Summers and Murv Newcomb have balances of $82,000 and $131,000, respectively. Rose Clayton is to...
-
Below are cash transactions for Goldman Incorporated, which provides consulting services related to mining of precious metals. Required: Calculate cash flows from operating activities. (List cash...
-
Annual credit sales of Nadak Company total $ 3 2 4 . 6 million. The firm gives a 2 . 2 5 % cash discount for payment within 1 0 days of the invoice date; 7 5 % of Nadak's accounts receivable are paid...
-
Mackey Publishing Company ( Mackey ) is a publisher of novels. The monthly equipment maintenance cost for Mackey is considered to be a mixed cost. The variable portion of the cost is related to the...
-
Prepare a schedule of Rhine's computations for its compensatory share option plan for 2 0 1 9 ?through 2 0 2 1 . Additional InstructionsRHINE COMPANYCompensatory Share Plan Computations 2 0 1 9...
-
The table sets out the data for an economy when the governments budget is balanced. a. Calculate the equilibrium real interest rate, investment, and private saving. b. If planned saving increases by...
-
2. Assume a person bends forward to lift a load "with his back" as shown in Figure P12.42a. The person's spine piv- ots mainly at the fifth lumbar vertebra, with the principal supporting force...
-
Suppose you are a depositor at First Street Bank. You hear a rumor that the bank has suffered serious losses on its loans. Every depositor knows that the rumor isnt true, but each thinks that most...
-
What principle will a profit-maximizing monopolist use in trying to price-discriminate among different groups of customers?
-
What price and output are ideal for allocative efficiency for a regulated natural monopolist? Why is an unregulated natural monopolist unlikely to pick this solution?
-
What does the welfare cost of monopoly represent? How is it measured?
-
Curl Up & Dye, Inc. began May with $200 of supplies. It purchased $830 of supplies on account during May. It paid $440 of the amount it owed for its supplies in May. At May 31, it only had $200 of...
-
Where do traditional Waterfall approaches work effectively? Detailed explanations and site examples.
-
The accounting records for a restaurant indicate that food sales were $18,000, food used was $5,800, and employee meals at cost were $50. What is the cost of sales?
Study smarter with the SolutionInn App