The financial burden entailed in the paying of a tax is known as the
a. incidence of the tax.
b. impact of the tax.
c. effect of the tax.
d. shift of the tax.
b. impact of the tax.
Economics
You might also like to view...
The change in the quantity of goods and services that an hour's work can buy is measured by the
A) nominal wage. B) real wage. C) CPI. D) real interest rate. E) inflation rate.
Economics
Imports are goods and services bought domestically but produced in other countries
Indicate whether the statement is true or false
Economics