10/10 Quiz Options (Disantis Section)
You will write on one of the following:
1. In chapter 7 of Microeconomics, Colander remarks that effective taxation is about extracting needed revenues without drawing substantial attention to the act of doing so. Explain an example of a tax in the United States, either real or hypothetical, that would accomplish the goal of bringing in revenue without causing resentment.
2. In chapter 3 of Naked Economics, Wheelan notes that Americans routinely carry out economic transactions involving substantial amounts of money with complete strangers. In what ways does government allow such transactions to happen, and why is the ability to make such transactions an important part of a market economy?
1. In chapter 7 of Microeconomics, Colander remarks that effective taxation is about extracting needed revenues without drawing substantial attention to the act of doing so. Explain an example of a tax in the United States, either real or hypothetical, that would accomplish the goal of bringing in revenue without causing resentment.
2. In chapter 3 of Naked Economics, Wheelan notes that Americans routinely carry out economic transactions involving substantial amounts of money with complete strangers. In what ways does government allow such transactions to happen, and why is the ability to make such transactions an important part of a market economy?
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