Which of these tax systems does not conform to the idea of vertical equity? a. GST. b. A flat tax where every dollar of income is taxed at 25 percent. c. A poll tax (e.g. where every taxpayer pays $10,000 in tax). d. A progressive tax system. Which one of the following defines the unemployment rate? a. (number on unemployment benefit) / (labour force). b. (number of registered unemployed) / (working age population). c.(number of unemployed) / (working age population). d. D.(number of unemployed) / (labour force).

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Chapter5: Measuring A Nation's Income
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Which of these tax systems does not conform to the idea of vertical equity?

a. GST.

b. A flat tax where every dollar of income is taxed at 25 percent.

c. A poll tax (e.g. where every taxpayer pays $10,000 in tax).

d. A progressive tax system.

 

Which one of the following defines the unemployment rate?

a. (number on unemployment benefit) / (labour force).

b. (number of registered unemployed) / (working age population).

c.(number of unemployed) / (working age population). d.

D.(number of unemployed) / (labour force).

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