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Categorize each of the following funding schemes as examples of the benefits principleor the ability-to-pay principle.

a. Visitors to many national parks pay anentrance fee.

b. Local property taxes support elementary andsecondary schools.

c. An airport trust fund collects a tax on eachplane ticket sold and uses the money toimprove airports and the air traffic controlsystem.

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M9482791

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