A set of optimality rules for these measures based on equal reduction of Hicksian demand forms Ramsey's rule. The Tobin type of this measure affects spot conversions between currencies. Ones that correct negative externalities are named for A.C. Pigou. They can be flat, regressive, or progressive, and when they affect imports and exports, they are called tariffs. For 10 po
A set of optimality rules for these measures based on equal reduction of Hicksian demand forms Ramsey's rule. The Tobin type of this measure affects spot conversions between currencies. Ones that correct negative externalities are named for A.C. Pigou. They can be flat, regressive, or progressive, and when they affect imports and exports, they are called tariffs. For 10 points, the Sixteenth Amendment legalized the "income" type of what charges that a government may levy on its citizens?
A set of optimality rules for these measures based on equal reduction of Hicksian demand forms Ramsey's rule.
taxes [do not accept "tariffs" or "excises"]