This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The imposition of all taxes, except a Pigouvian tax, leads to ________. A) an increase in ... (Read 61 times)

Lobcity

  • Hero Member
  • *****
  • Posts: 524
on: Jun 29, 2018
The imposition of all taxes, except a Pigouvian tax, leads to ________.
 
  A) an increase in consumer surplus
  B) an increase in producer surplus
  C) a fall in the price of the good
  D) a loss in total welfare

Question 2

In the figure above, the ________ gap is one trillion dollars. To close the gap, the government can ________ government expenditure and/or ________ taxes.
 
  A) recessionary; increase; decrease
  B) inflationary; decrease; increase
  C) inflationary; increase; increase
  D) recessionary; decrease; decrease
  E) recessionary; decrease; increase


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

elyse44

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

A


Lobcity

  • Member
  • Posts: 524
Reply 2 on: Jun 29, 2018
Gracias!

tandmlomax84

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Electrode placement for chest leads V1–V6. Electrode placement for chest leads V1–V6.
Mean scores for Erikson’s stage VI (Intimacy) for two cohorts. Scores for both cohorts increase ... Mean scores for Erikson’s stage VI (Intimacy) for two cohorts. Scores for both cohorts increase ...
The age-related increase in spirituality is different for two cohorts born seven years apart. The ... The age-related increase in spirituality is different for two cohorts born seven years apart. The ...
Using the voltmeter leads from a starting and charging test unit to measure the voltage drop ... Using the voltmeter leads from a starting and charging test unit to measure the voltage drop ...
Compression used to increase circulation when the athlete is clothed. Compression used to increase circulation when the athlete is clothed.
A multistep model for colon cancer. The first mutation, in the APC gene, leads to the formation of p A multistep model for colon cancer. The first mutation, in the APC gene, leads to the formation of p
Video: Photosynthesis and Van Helmont Experiment

For a complete list of videos, visit our video library