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anhsu anhsu
wrote...
Posts: 498
4 years ago

Question 1.

The question "What is the best tax base?" is a normative question.



▸ true

▸ false

Question 2.

In the private sector where firms compete for profit, if a firm is inefficient, ________. In the public sector, if a government bureau is producing a necessary service and is doing so inefficiently, ________.



▸ the market will drive it out of business; the market will drive it out of business

▸ it does not need to worry about customers; it does not need to worry about customers

▸ it does not need to worry about customers; the market will drive it out of business

▸ the market will drive it out of business; it does not need to worry about customers
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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1 Reply
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Strategyboyz21Strategyboyz21
wrote...
Posts: 370
4 years ago
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