Examples of indirect taxes are

a. income taxes levied by some states.
b. sales taxes and property taxes.
c. poll taxes.
d. corporate profits taxes.

b

Economics

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When a tariff is applied to a good exported by a foreign monopoly (with no home producer), the price net of the tariff received by the seller is _________.

a. lower than under free trade b. higher than under free trade c. the same as under free trade d. so high that no sales are possible

Economics

Unions contribute to

a. frictional but not structural unemployment. b. structural but not frictional unemployment. c. both frictional and structural unemployment. d. neither frictional nor structural unemployment.

Economics