The sum of public spending on goods and services and transfer ...

[DyllonKazuo]

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

[chem1s3]

Answer to Question 1

D

Answer to Question 2

C

[DyllonKazuo]

YES! Correct, THANKS for helping me on my review

[AngeliqueG]

Thanks for the timely response, appreciate it