Imposing a unit excise tax on the final sale of a good or service can be displayed graphically as
A. a vertical shift downward of the demand curve.
B. a vertical shift upward of the demand curve.
C. a vertical shift upward of the supply curve.
D. a vertical shift downward of the supply curve.
Answer: C
Economics
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Urbanization is measured by:
A) the ratio of the population living in urban areas to the ratio of the people living in rural areas in a country. B) the fraction of the population living in towns with a population of more than 5,000. C) the fraction of the population living in towns with a population of more than 1,000. D) the ratio of the population living in rural areas to the ratio of the people living in urban areas in a country.
Economics
There is a government budget surplus if
A) T - TR > G. B) G > T. C) G > TR. D) TR < T.
Economics