--%>

Reasonable analytic objection to land taxes

A reasonable analytic objection to the argument which full taxation of economic rents would not hinder allocative efficiency is about: (w) reducing income streams by rents does reduce the incentive of the resource owner to acquire the transaction costs related with putting the resource to its most efficient use. (x) income taxes have already been paid while the person who now owns the resource generated the income to buy the resource, therefore taxing rent constitutes “twice taxation.” (y) land is not unique into generating economic rent. (z) death taxes unfairly damage the interests of the heirs of people who obtained wealth.

I need a good answer on the topic of Economics problems. Please give me your suggestion for the same by using above options.

   Related Questions in Microeconomics

  • Q : Monopsonist problem I have a problem in

    I have a problem in economics on Resources and Products Flow Model. Please help me in the following question. The firm which is the sole buyer of a specific good or resource is the: (i) Monopsonist. (ii) Conglomerate. (iii) Price discriminator. (iv) P

  • Q : Vertical Integration-Controlling

    The firm is vertically integrated when it: (1) Consists of an internationally recognized brand name. (2) Promotes career staffs to executive positions rather than hiring the experienced outsiders. (3) Merges with another firm which sells unrelated products. (4) Monopo

  • Q : Minimize average total costs

    LoCalLoCarbo that is Favorite Corporation of fad dieters, which can minimize its average total costs near producing: (i) output q1 at point a. (ii) output q2 at point b. (iii) output q3 at point e. (iv) output q4 at point f. (v) output q5 at point g.<

  • Q : Increasing cost industries when

    When resource supply curves facing an industry are positively sloped, in that case the exit of firms which have incurred losses will result in: (w) higher prices and lower output for the industry, although lower average production costs for the surviv

  • Q : Labor Unions and Antitrust The legality

    The legality of trade unions as the labor monopolies and illegality of the monopolies in product markets is most rationally described by the: (i) Trade union’s interest in the social welfare and firm’s interest only in gains. (ii) Number of people who adva

  • Q : Marginal utilities for additional good

    When each ice cream cones cost $2 and fried grits are of $4 per pound and your marginal utilities from an additional cone or an additional pound of fried grits per month are each of 40 utils, then, given your present budget, you: (1) Are presently max

  • Q : Follow Lower Bond Price Lower bond

    Lower bond prices follow through higher: (w) interest rates. (x) real estate speculation. (y) present value of future income by the bonds. (z) growth rates of national income. Please choose the right answer from ab

  • Q : Equilibrium price when demand increase

    When an increase in demand arises at similar time as a decrease in supply, in that case equilibrium price: (w) falls, and equilibrium quantity is unsure. (x) increases, and equilibrium quantity is uncertain. (y) remai

  • Q : Greatest total revenue at price In the

    In the demonstrated figure, total revenue is greatest for cheesy fried grits of Pixie at a price of as: (w) P1. (x) P2. (y) P3. (z) P4.

    Q : Problem on merging firms Elucidate how

    Elucidate how the efficiency might increase when two firms merge? Answer: If the two firms merge, their joined efficiency is expected to enhance owing to: