Many researchers blame the severity and length of the Great Depression on the breadth and depth of government interference in private market affairs

The government of Bassaland is looking for new revenue sources. It is considering imposing an excise tax on two goods: palm wine and diapers

If the price elasticity of demand for the goods are -0.47 and -1.89 respectively, which good should it tax if the goal is to raise revenue? If the government wants to tax only one good, which good should it tax if the goal is to discourage consumption? Explain your answer.

Changing how production is organized cannot result in changes in productivity

Indicate whether the statement is true or false