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Author Question: One advantage of a value added tax over a sales tax is _____. a. that it does not require that ... (Read 68 times)

Marty

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One advantage of a value added tax over a sales tax is _____.
 
  a. that it does not require that retail and wholesale purchases be distinguishable
  b. it is easier to compute
  c. it is easier for taxpayers to see and compute
   d. it is easier to collect

Question 2

When the price of a good changes, the income effect can be found by comparing the equilibrium quantities purchased
 
  A) on the old budget line and the new budget line.
  B) on the original indifference curve when faced with the original prices and when faced with the new prices.
  C) on the new budget line and a hypothetical budget line that is a shift back to the original indifference curve parallel to the new budget line.
  D) on the new indifference curve.



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wuly

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Answer to Question 1

a

Answer to Question 2

C




Marty

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Reply 2 on: Jul 1, 2018
Gracias!


bdobbins

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Reply 3 on: Yesterday
:D TYSM

 

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