Taxes and Efficiency Quiz Questions and Answers PDF - 33

MCQ 161: The method of collecting income tax in which the taxes paid increase with the amount of earned income is known as

1. horizontal equity
2. vertical equity
3. proportional tax
4. progressive tax

MCQ 162: The concept that refers to the movement of assets out of a country is known as

1. capital outflow
2. capital inflow
3. net outflow
4. net inflow

MCQ 163: The investment that enlarges economy's stock of real capital assets thereby adding to productive capacity is called as

1. gross investment
2. net investment
3. private investment
4. public investment

MCQ 164: When there is no intervention of international trade, there only comes equilibrium at

1. domestic balance
2. worldwide balance
3. trade balance
4. trade Benelux

MCQ 165: With more units of goods or services producing at a larger unit along with fewer input cost, the only concept be achieved is

1. diseconomies of scale
2. economies of scale
3. economic growth
4. external economies of scale