Economics · Public Finance
Match the concepts in Public Finance listed in Column I with their descriptions in Column II: Column IColumn IIA. Ability to Pay Principle1. Taxation according to economic capacityB. Benefit Principle2. Taxation according to benefits received from public servicesC. Pigouvian Tax3. Tax imposed to correct negative externalitiesD. Lump-sum Tax4. Fixed tax amount independent of individual income or behavior Choose the correct code:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1A-4, B-3, C-2, D-1
- 2A-1, B-3, C-2, D-4
- 3A-2, B-1, C-4, D-3
- 4A-1, B-2, C-3, D-4✓
Correct answer
A-1, B-2, C-3, D-4
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