Consider the economy of Cocoland, where citizens consume only coconuts. Assume that coconuts are

 Principles of tax equity

The mayor of Vancouver wants to upgrade the public transportation system. In order to fund the improvements, the mayor proposes charging an extra $1 for each ride taken.

2. Computing and interpreting average tax rates

In a hypothetical economy... The following table shows the annual taxable income and tax liability for these three single individuals...

3. Understanding marginal and average tax rates
Consider the economy of Cocoland, where citizens consume only coconuts. Assume that coconuts are priced at $1 each. The government has devised the following tax plans:

4. Taxes paid for a given income level
Akshay is single and lives in Thunder Bay. Akshay earned $60,000 in 2013. The following table shows the federal tax rate for individuals in 2013.
Fill in the following table with Akshay’s marginal tax rate, total amount of taxes owed, and average tax rate for 2013.

5 . Categories of goods

Complete the following table by selecting the appropriate definition for each of the given terms.
If a good is both excludable and not rival in consumption, then it is

6 . What kind of good is it?

Determine whether each of the following goods is a private good, a public good, a common resource, or a club good.

7 . Voluntary contributions toward a public good

are considering contributing toward the creation of a public park. Each can choose whether to contribute $300 to the public park or to keep that 

8 . Common resources versus private goods

The fish in the private pond are considered

9 . Common resources and the Tragedy of the Commons
Paolo, Van, and Carlos are fishermen who live next to a lake that is open to fishing