Question: which one is the correct answer When it be preferable to live in a state with a low cost of living or a low tax

which one is the correct answer When it be preferable to live in a state with a low cost of living or a low tax rate? The services and environment are different so difficult to compare. Difficult to answer, often states with lower cost of living also have lower wages. Lower cost of living generally would outweigh differences in taxes if all else were equal. All of the answers are reasonable

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!