"Sin taxes," such as taxes on alcoholic beverages, are intended to
A) generate funds to aid in the medical care of those harmed by the product.
B) reduce the quantity demanded.
C) generate money to subsidize production of the products taxed.
D) increase the amount of the products supplied.
B
Economics
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In the short run
A) all inputs are variable. B) all firms experience increasing returns to scale. C) some firms experience economies of scale. D) no firm experiences economies of scale.
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One important factor that affects economic growth is
A) gold reserves. B) the rate of saving. C) which political party is in power. D) the number of workers in heavy industry.
Economics