In the figure above, if a tax of $2 per widget is imposed on sellers, then the price of widgets paid by the buyer will be

A) more than or equal to $8.
B) between $8 and $6.
C) $6.
D) less than $6.

B

Economics

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According to dynamic tax analysis, continually increasing the tax rate will eventually

A) cause an increase in the tax base. B) have no impact on the tax base. C) cause a decrease in the tax base. D) result in an initial decrease in the tax base followed ultimately by a rise in the tax base.

Economics

What effect would we expect in the market for loanable funds if some people discover a new business opportunity that requires investment?

A. Supply will shift right and demand will not change. B. Demand will shift right and supply will not change. C. Demand will shift left and supply will not change. D. Supply will shift left and demand will not change.

Economics