The actual division of the burden of a tax is called
A) tax incidence. B) tax dispersion. C) tax credit. D) excess burden.
A
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Which of the following least resembles a case of statistical discrimination?
A) Alphonso prefers not to hire anyone over the age of 55 because they tend to not have the technical computer skills he believes are necessary for his employees. B) Juliana hires only what she considers fit, healthy employees because she read that overweight employees miss more days of work due to health-related issues than do employees of average weight. C) Colleen, who is 6'2" in height, dislikes people under 6 feet tall and therefore only hires people who are at least as tall as she is. D) Tyrone believes that the Dutch have the best work ethic of all nationalities and therefore will hire someone of Dutch heritage over someone of any other nationality.
Compared to adaptive expectations, rational expectations would imply that the transition between the short-run and the long-run will take:
a. the same amount of time. b. a longer period of time. c. a variable period of time. d. less time.