The incidence of a tax refers to

a. who actually collects the tax.
b. how frequently the tax is collected.
c. who bears the economic burden of the tax.
d. how the tax affects prices or wages.

c

Economics

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During the EMS crisis in 1992,

A) all the EMS countries abandoned the system. B) Germany abandoned the system. C) England and Italy abandoned the system. D) France was put in charge of the system. E) all the EMS countries stood firm, and refused to change central parities.

Economics

The Superfund was designed to clean up

a. the acid rain problem b. air pollution from automobiles, buses, and trucks c. water pollution from agricultural sources (i.e., pesticides) d. water pollution from dumping raw sewage e. toxic waste dumps

Economics