Author Question: An indirect tax is a tax paid by consumers A) to a state or local government. B) when they ... (Read 61 times)

serike · **on:** Jun 29, 2018

An indirect tax is a tax paid by consumers

A) to a state or local government.
B) when they purchase goods and services.
C) on unearned income (as opposed to wages and salaries).
D) that is a percentage of the value of their real property.

Question 2

Joe pays 8,000.00 in tuition. The 8,000 dollar tuition Joe pays is an example of what economists call

A) a relative price.
B) a money price.
C) an indexed price.
D) an opportunity price.