Answer to Question #60510 in Finance for Doltsee
1) Positive externalities and negative externalities
2) Optimal efficient tax structure and optimal tax system.
3)Current transfer and capital transfer.
2) The optimal tax structure of an economy depends on its tax base, tax rate, and how the tax rate varies.
Optimal tax system is the study of designing and implementing a tax that reduces inefficiency and distortion in the market under given economic constraints.
3) Current transfer is added to the current income of the recipient. But capital transfer contributes to the capital formation of a country.
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