Sales taxes are routinely collected by

A) the merchants selling the good or services.
B) the Internal Revenue Service.
C) the Department of Commerce.
D) the Federal Trade Commission.

A

Economics

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What appears to be the immediate cause of most changes in the business cycle from the perspective of most economists?

What will be an ideal response?

Economics

An information product is a product for which

A. the first unit is very costly to make but additional units are less costly to produce. B. the average fixed cost first falls and then rises, but the average total cost falls throughout its range. C. the marginal cost first falls and then rises but the average total cost rises throughout its range. D. the first item is produced inexpensively but additional units are more costly to produce.

Economics