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Author Question: The imposition of all taxes, except a Pigouvian tax, leads to ________. A) an increase in ... (Read 43 times)

Lobcity

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on: Jun 29, 2018
The imposition of all taxes, except a Pigouvian tax, leads to ________.
 
  A) an increase in consumer surplus
  B) an increase in producer surplus
  C) a fall in the price of the good
  D) a loss in total welfare

Question 2

In the figure above, the ________ gap is one trillion dollars. To close the gap, the government can ________ government expenditure and/or ________ taxes.
 
  A) recessionary; increase; decrease
  B) inflationary; decrease; increase
  C) inflationary; increase; increase
  D) recessionary; decrease; decrease
  E) recessionary; decrease; increase


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elyse44

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

D

Answer to Question 2

A


Lobcity

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Reply 2 on: Jun 29, 2018
Excellent

jojobee318

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

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