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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Principles Of Microeconomics

ISBN: 125206

8th Edition

Authors: Joshua Gans, Stephen King, Martin Byford, N Gregory Mankiw

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