Author Question: When the sale of a good is illegal, it is like setting a price ceiling at zero. a. True b. False ... (Read 56 times)

Medesa · **on:** Jun 30, 2018

When the sale of a good is illegal, it is like setting a price ceiling at zero.
a. True
b. False
Indicate whether the statement is true or false

Question 2

Many economists believe that tax cuts increase incentives to work and invest but current U.S. tax levels do not appear to be on the downward side of the Laffer curve.
a. True
b. False
Indicate whether the statement is true or false