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Author Question: The sum of public spending on goods and services and transfer payments during a given period cannot ... (Read 31 times)

DyllonKazuo

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The sum of public spending on goods and services and transfer payments during a given period cannot exceed tax revenues plus borrowed funds. This is the statement for
 
  A) ad valorem taxation.
  B) an excise tax.
  C) a sales tax.
  D) the government budget constraint.

Question 2

What type of relationship does the law of demand demonstrate?
 
  A) direct
  B) positive
  C) inverse
  D) static



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chem1s3

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Answer to Question 1

D

Answer to Question 2

C




DyllonKazuo

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Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)


softEldritch

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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