SophiaPretty

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About SophiaPretty

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Teaching Since: Jul 2017
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  • MBA,PHD, Juris Doctor
    Strayer,Devery,Harvard University
    Mar-1995 - Mar-2002

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  • Manager Planning
    WalMart
    Mar-2001 - Feb-2009

Category > Business & Finance Posted 02 Sep 2017 My Price 6.00

Measured in terms of the reduction in private sector output,

Measured in terms of the reduction in private sector output, what is the cost of taxing a dollar away from the private sector and transferring it to the government?

1. one dollar

2. less than one dollar, because the administration of and compliance with the tax laws creates jobs for people

3. less than a dollar, because of the excess burden resulting from the elimination of productive exchanges by the taxes

4. more than a dollar, because collection of the taxes requires resources that would otherwise be available for private sector production

Answers

SophiaPretty
(5)
Status NEW Posted 02 Sep 2017 08:09 AM My Price 6.00

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