This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: A change in taxes of a given amount affects an individual's consumption spending by less than that ... (Read 53 times)

penza

  • Hero Member
  • *****
  • Posts: 1,022
on: Jun 30, 2018
A change in taxes of a given amount affects an individual's consumption spending by less than that amount, because the marginal propensity to consume is less than 1.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following is a form of a direct tax?
 a. Personal income tax
  b. Sales tax
  c. Excise duty
  d. Import tariff
  e. Value-added tax


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jaykayy05

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

a


penza

  • Member
  • Posts: 1,022
Reply 2 on: Jun 30, 2018
Gracias!

tranoy

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Lower drug doses for elderly patients should be used first, with titrations of the dose as tolerated to prevent unwanted drug-related pharmacodynamic effects.

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Distance from Initial Change in Membrane Potential vs. Voltage Change Relative to Initial Change Distance from Initial Change in Membrane Potential vs. Voltage Change Relative to Initial Change
Characteristics of the individual determine (a) whether they will be exposed to certain stressors ... Characteristics of the individual determine (a) whether they will be exposed to certain stressors ...
The More Things Change, The More They Say the Same: Dividing the Nation's Income The More Things Change, The More They Say the Same: Dividing the Nation's Income
Climate Change Climate Change
Climate change is an important vector for human diseases Climate change is an important vector for human diseases
A single-nucleotide change in the DNA encoding -globin A single-nucleotide change in the DNA encoding -globin
Video: The Lac Operon in E. Coli

For a complete list of videos, visit our video library