Reference no: EM131242475
1. At all points along the production possibilities frontier?
A. the greatest achivable output levels are illustrated
B.resources are not fulley employed
C. more of one good can be obtained without giving up more of the other
D. more efficient output levels arepossible
E.soceity is equally well off
2. Which of the following is not based on the benifits recieved principle of taxation?
A. Charging a fee for use of a public golf coarses
B. differences between residential and out of state college tuition
C. the excise tax on gasoline
D. toll booths on highways
E. charging a fee per bag to haul away garbage
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At all points along the production possibilities frontier
: Which of the following is not based on the benifits recieved principle of taxation? At all points along the production possibilities frontier?
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