The incidence of an excise tax
a. refers to who really pays it
b. always falls on suppliers
c. is equally divided between demanders and suppliers
d. is determined by the number of demanders
e. is decided by the government when the tax is imposed
A
Economics
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Which of the following statements about junk (high-risk) bonds is true?
A) They never outperform treasury bonds since they're too risky. B) The price of junk bonds increase as their perceived risk increases. C) They tend to perform best during recessions. D) One can profit by owning them if market perceptions of their risk decline.
Economics
Which of the following is NOT a common property?
A) a city park B) a main street C) a public beach D) a movie screening
Economics