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Author Question: In Singapore the government places a $5,000 tax on the buyers of new automobiles. After the purchase ... (Read 68 times)

moongchi

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on: Mar 15, 2019

In Singapore the government places a $5,000 tax on the buyers of new automobiles. After the purchase of a new car, a buyer must pay the government $5,000. How would the imposition of the tax on buyers be illustrated in a graph?


◦ The tax will shift the demand curve to the right by $5,000.
◦ The tax will shift the demand curve to the left by $5,000.
◦ The tax will shift both the demand and supply curves to the right by $5,000.
◦ The tax will shift the supply curve to the left by $5,000.
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by moongchi on Mar 15, 2019

LegendaryAnswers

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Reply #1 on: Mar 15, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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moongchi

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Reply 2 on: Mar 15, 2019
Great answer, keep it coming :)

aruss1303

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Reply 3 on: Yesterday
Excellent

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