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Author Question: Which of the following would not be considered an indirect tax? a. A value-added tax b. A tax on ... (Read 45 times)

audragclark

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on: Jun 30, 2018
Which of the following would not be considered an indirect tax?
 a. A value-added tax
  b. A tax on wheat export
  c. A tax on imported automobiles
  d. A tax on the income of a computer manufacturer
  e. A sales tax on cigarettes

Question 2

Which of the following best represents the effects of a decrease in the price of tea?
 a. A leftward shift in the demand for tea.
 b. A downward movement along the demand curve for tea.
  c. A rightward shift in the demand for tea.
 d. An upward movement along the demand curve for tea.


Ksh22

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

b


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