Increasing the current tax rate is likely to: decrease the competitiveness of the state decrease the professionals’ willingness to stay in or come to the state cause lesser incentive to work and demotivate people decrease productivity What can the government do to deal with these problems?

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Q: If a government wanted to improve the productivity of its human resources, what should it do? lower…

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Q: An excess burden is present when taxpayers alter their behavior on account of taxation

A: False.

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Q: Which of the following is an example of implicit costs?   A. payments made by the firm to others…

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Q: areas HUD f. a U.S. government program that guarantees health coverage to most people who are over…

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Q: a) Discuss the arguments that have been put forward against democracy as one of the public choice…

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Q: Per-unit tax   Equilibrium quantity after tax   Price consumers pay after tax

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A: Option 4

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Q: Identify proportional, progressive, and regressive taxes.

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Q: Is TAX a burden or a blessing (beneficial) in the Philippines? Justify

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