Under most circumstances, the application of taxes on goods will only affect who gets the goods
Indicate whether the statement is true or false
False. Taxes will affect which goods are produced, how goods are produced, and who gets the goods.
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Which of the following factors would not shift the demand curve for loanable funds?
a. a decrease in the marginal physical product of capital b. an increase in the marginal physical product of capital c. a decrease in the price of the good produced by capital d. an increase in the price of the good produced by capital e. an increase in the interest rate
Which of the following is most nearly consistent with Say's law?
A) When a person produces one good, he or she plans to demand other goods. B) When a person produces a good, he or she plans to sell it. C) When a person buys a good, he or she plans to pay for it with money. D) When a person goes to work, he or she plans to produce.