Solution-Provide public goods such as national defense

Provide public goods such as national defense

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Reference no: EM131288366

Taxes can be justified if the government uses the revenue to

(i) Provide public goods such as national defense.

(ii) Clean up negative externalities such as water pollution

(iii) Regulate a common resources such as fish in a public lake

(iv) Provide goods with positive externalities such as medical research

a. (ii) only

b. (ii) and (iii) only

c. (i),(ii), and (iii) only

d. (i),(ii),(iii), and (iv)

Reference no: EM131288366

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Provide public goods such as national defense

Reference no: EM131288366

Reference no: EM131288366

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