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Author Question: Which of the following refers to a shift in government spending from the country's infrastructure to ... (Read 62 times)

AEWBW

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on: Jun 30, 2018
Which of the following refers to a shift in government spending from the country's infrastructure to education and health care?
 a. Capital shallowing
  b. Expropriation
  c. Liberalization
  d. Investment diversion
  e. Import substitution

Question 2

Other things being equal, the more elastic demand is:
 a. the lower the deadweight loss is resulting from the imposition of a particular tax on a product.
  b. the greater the deadweight loss is resulting from the imposition of a particular tax on a product.
  c. the greater the fraction is of the burden of the tax borne by consumers.
 d. the greater the tax revenue collected by the government is.


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dawsa925

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


AEWBW

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

epscape

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Reply 3 on: Yesterday
Gracias!

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