The idea that people change their behavior in response to taxes is
A) uncontroversial among economists.
B) highly controversial among economists.
C) accepted by economists,but debated by those in Congress.
D) None of these statements is true.
Correct Answer:
Verified
Q42: All taxes carry which of the following
Q60: The logistical costs associated with implementing a
Q61: If the _ effect is greater than
Q63: A $.50 tax on lemons currently generates
Q65: When tax rates fall,people tend to:
A)hardly increase
Q66: It is more likely at lower tax
Q67: When taxes are _,tax revenues may _.
A)increased;increase
B)decreased;decrease
C)increased;decrease
D)All
Q69: If the price effect outweighs the quantity
Q77: The _ tells us when the government
Q80: Most research suggests that the elasticity of
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