Which of the following is not a determinant of elasticity?

a. availability of substitutes
b. share of the consumer's budget spent on the amount
c. duration of the adjustment period
d. the location of the product

d

Economics

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Taxes can have an important effect on

A) saving. B) economic growth. C) the labor supply. D) all of the above

Economics

The Township survey system set up by the Northwest Ordinance of 1785 established

(a) a 50 square-mile township based on colonial New York. (b) an 84 square-mile township base on colonial Virginia. (c) a 36 square-mile township based on colonial Vermont. (d) an 18 square-mile township based on colonial Rhode Island.

Economics