Author Question: The rule of 72 is a formulation that allows us to know, in a very quick and simple manner, the ... (Read 66 times)

kfurse · **on:** Jun 30, 2018

The rule of 72 is a formulation that allows us to know, in a very quick and simple manner, the approximate time it takes to double a number that grows at a constant rate.
a. True
b. False
Indicate whether the statement is true or false

Question 2

If the government wanted a tax to not burden producers much, it would want to tax an industry with
a. elastic supply and demand curves.
b. inelastic supply and demand curves.
c. inelastic supply and elastic demand.
d. elastic supply and inelastic demand.