Author Question: The incidence of sales tax is determined by the A) level of government (for example, local, ... (Read 45 times)

mpobi80 · **on:** Jun 29, 2018

The incidence of sales tax is determined by the

A) level of government (for example, local, state, or federal) which imposes the tax.
B) federal government in all cases.
C) greed of the sellers.
D) price elasticities of supply and demand.

Question 2

The price of one good divided by the price of another good is a

A) money price.
B) relative price.
C) budget constraint.
D) divisible good.