Answer to Question #155387 in Economics for ayman ghosn

Question

1.Taxation principle which does not measure benefit derived from government spending is called. *

Public sector

Ability to pay taxation

Sale of goods and services.

Investmen

2.To which term does the following phrase belongs to: 'Resource are employed in another industry due to tax increase in a specific firm.' *

Sin tax

Consumer behavior.

Resource allocation.

Incidence of a tax.

Answer 1

1 Public sector

2 Resource allocation.