ECON 2100 Midterm: ECON 2100 Kennesaw State ECON2100 Summer2015 Exam4A
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Econ 2100 (summer 2015 sections 07 & 08) The _______________________ states that the amount a person pays in taxes should be based upon how easily they can shoulder the burden of paying taxes. " . The gini-coefficient provides a quantitative measure of the way that the tax burden is distributed over different segments of society. equilibrium payoffs in a simultaneous move game. income equality/inequality within a society. Product differentiation between the output of different firms in an oligopoly market. Focusing on sources of u. s. federal government revenues, in 2009 _____ of u. s. federal. Government receipts came from the individual income tax, while _____ of u. s. federal. ______________ was the first economist to argue that the problem of externalities could potentially be solved by simply internalizing the externality by clearly and completely defining property rights, and then allowing affected parties to negotiate with one another. For questions 10 through 12, consider the market illustrated below:
