The actual division of the burden of a tax between buyers and sellers in a market is called
A) tax parity. B) tax incidence. C) tax bearer. D) tax liability.
B
Economics
You might also like to view...
Lizzie's budget line is shown in the figure above. If the price of a magazine falls, the budget line
A) shifts rightward and its slope does not change. B) shifts leftward and its slope does not change. C) becomes flatter. D) becomes steeper.
Economics
The largest component of output growth in the U.S. is
a. labor productivity growth. b. capital growth c. labor growth. d. knowledge growth. e. None of the above.
Economics