This topic contains a solution. Click here to go to the answer

Author Question: All taxes distort market decisions, affecting the buying and selling of goods and services. a. True ... (Read 92 times)

JMatthes

  • Hero Member
  • *****
  • Posts: 578
All taxes distort market decisions, affecting the buying and selling of goods and services.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

An inferior good or service is any good or service for which an increase in income causes a decrease in demand.
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

scikid

  • Sr. Member
  • ****
  • Posts: 300
Answer to Question 1

True

Answer to Question 2

True





 

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

For a complete list of videos, visit our video library