Using the above figure, if the government levies a new unit tax in this market, S represents the original supply curve, and St represents the after-tax supply curve, then the revenues that the government collects from imposing this tax is represented on this graph by

The concept that Mr. Jones is going to enjoy the benefits of police protection even though he no longer pays taxes is called

A) the free-rider problem. B) the negative externality principle. C) the principle of rival consumption. D) the principle of anti-trust.

Refer to the information provided in Figure 30.1 below to answer the question(s) that follow. Figure 30.1Refer to Figure 30.1. Growth in aggregate output causes a ________ through the accelerator effect.

A. shift from I3 to I1 B. movement from Point A to Point C C. shift from I2 to I1 D. movement from Point A to Point B