Bonds receiving one of the top four ratings are considered:

Most tariffs around the world are collected on an ad valorem basis

Indicate whether the statement is true or false

The government proposes a tax on flowers in order to boost its revenue. Consumers will bear no part of this tax if the: a. demand for flowers is perfectly inelastic. b. supply of flowers is perfectly elastic

c. demand for flowers is perfectly elastic. d. demand for flowers is unit elastic.