Question
The Benefit Principle of taxation is most closely
associated with the financing of which of the following goods?Solution
Solution: The Benefit Principle suggests that individuals should pay taxes in proportion to the benefits they receive from government-provided goods and services. · A classic example is the financing of public infrastructure, like roads and highways, through specific user charges such as gasoline taxes and tolls. The more you use the highway, the more gas tax or tolls you pay, directly linking the payment to the benefit received. · Pure public goods like Defense (A) are typically financed by the Ability-to-Pay principle due to the difficulty of metering individual benefit.
Instrument used for measuring solar radiation is:
The inflorescence of sugarcane is known as:
Which among the following antibiotics is obtained from fungi?
Enzymes are by nature:
Barbara McClintok is associated with
__________is the fraction of water entering the soil that must pass through the root zone in order to prevent soil salinity from exceeding a specified v...
The ratio between C and N crop residue generally ranges between __ ?
Khaira disease of rice is due to
Which color sticky traps are used for aphids and white fly?
Maximum moisture content for safe storage in wheat seed is: