Author Question: Milton Friedman is widely considered to be the father of monetarism. a. True b. False Indicate ... (Read 62 times)

waynest · **on:** Jun 30, 2018

Milton Friedman is widely considered to be the father of monetarism.
a. True
b. False
Indicate whether the statement is true or false

Question 2

If the elasticity of supply for a good is greater than the government expected:
a. Consumers will bear more of the burden of the tax than the government expected.
b. Producers will bear more of the burden of the tax than the government expected.
c. The tax will raise more revenue than the government expected.
d. Both a. and c. are true.