7 Categorise each of the following funding schemes as examples of the benefits principle or the ability-to-pay
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7 Categorise each of the following funding schemes as examples of the benefits principle or the ability-to-pay principle.
a Visitors to some national parks pay an entrance fee.
b Local property taxes support the maintenance of local parks.
c The Victorian Government charged a lump-sum tax on each household in the early 1990s to help reduce state debt.
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Related Book For
Principles Of Microeconomics
ISBN: 125206
8th Edition
Authors: Joshua Gans, Stephen King, Martin Byford, N Gregory Mankiw
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