QUESTION 40 The lower the income-tax rate, the O a. greater the benefit to income earners of engaging in tax evasion and tax avoidance O b. lower is the benefit to income earners of engaging in tax evasion and tax avoidance O c. greater is the benefit to government of income earners engaging in tax evasion and avoidance O d. lower is the benefit to government of income earners engaging in tax evasion and avoidance QUESTION 47 True or false: Kenneth Arrow proved that it is impossible for one economic entity - for example, a person, a firm, or a nation - to have a comparative advantage over all of its trading partners in the production of every good and service. O a. true O b. false