1. True, False, Uncertain (10 points each) In each question, please select whether the statement is True, False or Uncertain. State the reasons to support your ar- gument. (a) [10 points) Distortion-wise, lump sum tax is better than labor income tax. {b} [10 points) If I have to choose, I should tax lower income group with lower tax rate and high income group with higher tax rate. (c) [10 points) Recently, the price of gasoline and natural gas has been increasing while the government still subsidizes the diesel fuel price and LPG. We should expect people to demand more money,r to nance the transactions being affected by an increase in price