When a tax is imposed on a good, the

a. supply curve for the good always shifts.
b. demand curve for the good always shifts.
c. amount of the good that buyers are willing to buy at each price always remains unchanged.
d. equilibrium quantity of the good always decreases.

d

Economics

You might also like to view...

The precise terms of each futures contract are

A) negotiated by the long and the short. B) set by the short position. C) set by the long position. D) established by the exchange on which the trade takes place.

Economics

An increase in the effective corporate tax rate due to increased inflation results in

a. a upward shift of the investment schedule. b. a downward shift of the investment schedule. c. no shift of the investment schedule. d. a rightward shift of the saving schedule.

Economics