The distribution of the burden of a tax depends strictly on the elasticity of demand

A growth process whereby relatively poorer nations increase their income by taking advantage of knowledge and technologies already invented in other, technologically more advanced countries is referred to as:

A) trade-based growth. B) transfer growth. C) innovative growth. D) catch-up growth.

Personal disposable income is pre-tax income that flows directly to households

Indicate whether the statement is true or false