Which of the following refers to a shift in government spending ...

[AEWBW]

Which of the following refers to a shift in government spending from the country's infrastructure to education and health care?
 a. Capital shallowing
  b. Expropriation
  c. Liberalization
  d. Investment diversion
  e. Import substitution

Question 2

Other things being equal, the more elastic demand is:
 a. the lower the deadweight loss is resulting from the imposition of a particular tax on a product.
  b. the greater the deadweight loss is resulting from the imposition of a particular tax on a product.
  c. the greater the fraction is of the burden of the tax borne by consumers.
 d. the greater the tax revenue collected by the government is.

[dawsa925]

Answer to Question 1

d

Answer to Question 2

b

[AEWBW]

Excellent

[FergA]

Gracias!