Question: Table 12-6 The table below provides information on the four households that make up a small economy and how much they would pay in taxes

 Table 12-6 The table below provides information on the four households

that make up a small economy and how much they would pay

Table 12-6 The table below provides information on the four households that make up a small economy and how much they would pay in taxes under three types of taxes. Amount of Taxes Paid Under... Tax A Tax B Tax C Household Ability to Pay (Dollars) (Dollars) (Dollars) A low and same as B 100 30 40 B low and same as A 100 30 50 C high and same as D 100 40 60 D high and same as C 100 40 70 Refer to Table 12-6. In this economy Tax A exhibits a. horizontal and vertical equity. b. horizontal equity but not vertical equity. C. vertical equity but not horizontal equity. O d. neither horizontal nor vertical equity. Table 12-6 The table below provides information on the four households that make up a small economy and how much they would pay in taxes under three types of taxes. Amount of Taxes Paid Under... Tax A Tax B Tax C Household Ability to Pay (Dollars) (Dollars) (Dollars) A low and same as B 100 30 40 B low and same as A 100 30 50 C high and same as D 100 40 60 D high and same as C 100 40 70 Refer to Table 12-6. In this economy Tax B exhibits O a. neither horizontal nor vertical equity. b. horizontal equity but not vertical equity. C. horizontal and vertical equity. O d. vertical equity but not horizontal equity

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