This topic contains a solution. Click here to go to the answer

Author Question: A disadvantage of unit excise taxes is they create the incentive _____. a. for producers to favor ... (Read 58 times)

stock

  • Hero Member
  • *****
  • Posts: 573
A disadvantage of unit excise taxes is they create the incentive _____.
 
  a. for producers to favor smaller products over larger products
  b. for producers to favor expensive products over inexpensive products
  c. for buyers to purchase more of the good then they otherwise would
   d. for buyers to shift to substitute goods with ad valorem excise taxes

Question 2

Does education increase economic growth? Explain your answer.
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jody Vaughn

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

b

Answer to Question 2

Yes. While the relationship is not easily quantified, but there does seem to be a positive relationship between education and economic growth. At the same time, however, higher incomes (from economic growth) cause individuals to consume more education, so the causality runs both ways. This is why we see such a large correlation between education and economic growth in the aggregate.




stock

  • Member
  • Posts: 573
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


Perkypinki

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Gracias!

 

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

For a complete list of videos, visit our video library