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The More ________, the Larger Is the Amount of the Tax

Question 181

Multiple Choice

The more ________, the larger is the amount of the tax on the good that the ________ pays.


A) elastic the demand for a good; buyers
B) inelastic the demand for a good; buyers
C) inelastic the supply of a good; buyers
D) elastic the supply of a good; sellers

Correct Answer:

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