A new tax introduced by the government will: a. decrease ...

[TVarnum]

A new tax introduced by the government will:
 a. decrease disposable income.
 b. increase disposable income.
 c. lead to a reduction in government spending.
  d. lead to an increase in government spending.
  e. have no effect on disposable income.

Question 2

If a firm's average variable cost curve is rising, its marginal cost must exceed its average variable cost.
 a. True
  b. False
  Indicate whether the statement is true or false

[xthemafja]

Answer to Question 1

a

Answer to Question 2

True

[TVarnum]

Thanks for the timely response, appreciate it

[okolip]

Excellent