Policymakers use taxes select one:

a. to raise revenue for public purposes, but not to influence market outcomes.

b. both to raise revenue for public purposes and to influence market outcomes.

c. when they realize that price controls alone are insufficient to correct market inequities.

d. only in those markets in which the burden of the tax falls clearly on the sellers.

Question

Carla Marsh

Business

24 February, 18:57

Policymakers use taxes select one:

a. to raise revenue for public purposes, but not to influence market outcomes.

b. both to raise revenue for public purposes and to influence market outcomes.

c. when they realize that price controls alone are insufficient to correct market inequities.

d. only in those markets in which the burden of the tax falls clearly on the sellers.

+5

Answers (1)

Know the Answer?

Amber Lindsey · Answer 1

Based on the question above, the best answer for this would be:

b. both to raise revenue for public purposes and to influence market outcomes.

This is to influence the outcome of the revenue of the market in order to balance out the revenue of the market.