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Author Question: The sum of public spending on goods and services and transfer payments during a given period cannot ... (Read 32 times)

DyllonKazuo

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on: Jun 29, 2018
The sum of public spending on goods and services and transfer payments during a given period cannot exceed tax revenues plus borrowed funds. This is the statement for
 
  A) ad valorem taxation.
  B) an excise tax.
  C) a sales tax.
  D) the government budget constraint.

Question 2

What type of relationship does the law of demand demonstrate?
 
  A) direct
  B) positive
  C) inverse
  D) static


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chem1s3

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


DyllonKazuo

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

samiel-sayed

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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