Author Question: The government proposes a tax on halogen light bulbs. Sellers will bear the entire burden of the tax ... (Read 40 times)

melly21297 · **on:** Jun 29, 2018

The government proposes a tax on halogen light bulbs. Sellers will bear the entire burden of the tax if the

A) demand curve is downward sloping and the supply curve is upward sloping.
B) demand curve for halogen bulbs is horizontal.
C) demand curve for halogen bulbs is vertical.
D) supply curve of halogen bulbs is horizontal.

Question 2

Which of the following statements is true?

A) Differences of opinion about a bond's future may vary considerably but there is less difference about a stock's future.
B) Bonds represent partial ownership in a firm but stocks do not.
C) The future growth of a stock is more certain than the payments of a bond.
D) A stock can possibly pay dividends forever, but bonds have a fixed number of payments.