Refer to Scenario 19.4 below to answer the question(s) that follow. SCENARIO 19.4: Suppose demand for widgets is given by the equation P = 10 - 0.25Q. Originally, the price of the good is $5 per unit. When a tax of $1 per unit is imposed, the price of the good rises to $6 per unit.Refer to Scenario 19.4. How much total tax revenue is raised by the tax?

A tax cut shifts the aggregate demand curve the farthest if

a. the MPC is large and if the tax cut is permanent. b. the MPC is large and if the tax cut is temporary. c. the MPC is small and if the tax cut is permanent. d. the MPC is small and if the tax cut is temporary.

If income elasticity for a good or service is ______, then we can say that the good or service is ______.

A. zero; inferior B. negative; normal C. positive; inferior D. positive; normal