[Answered] All taxes distort market decisions, affecting the buying and selling of goods and services. a. True ...

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JMatthes

Hero Member
Posts: 578

on: Jun 30, 2018

All taxes distort market decisions, affecting the buying and selling of goods and services.
a. True
b. False
Indicate whether the statement is true or false

Question 2

An inferior good or service is any good or service for which an increase in income causes a decrease in demand.
a. True
b. False
Indicate whether the statement is true or false

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scikid

Sr. Member
Posts: 300

Reply #1 on: Jun 30, 2018

Answer to Question 1

True

Answer to Question 2

True

JMatthes

Hero Member
Posts: 578

Reply #2 on: Jun 30, 2018

Thank you

scikid

Sr. Member
Posts: 300

Reply #3 on: Jun 30, 2018

Happy to help you

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