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Author Question: Refer to Figure 18-1. Area B + C represents A) the portion of sales tax revenue borne by ... (Read 51 times)

jayhills49

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on: Jun 29, 2018
Refer to Figure 18-1. Area B + C represents
 
  A) the portion of sales tax revenue borne by consumers.
  B) the portion of sales tax revenue borne by producers.
  C) the excess burden of the sales tax.
  D) sales tax revenue collected by the government.

Question 2

________ are financial securities that represent promises to repay a fixed amount of funds.
 
  A) Bonds B) Stocks C) Interest rates D) Mutual funds


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Li Jun

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

A

Answer to Question 2

A


jayhills49

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Reply 2 on: Jun 29, 2018
Excellent

Joy Chen

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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