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Suppose That Voters in Your Community Pass a One-Cent Sales

Question 38

Multiple Choice

Suppose that voters in your community pass a one-cent sales tax increase to fund education, knowing full well they will have to forgo other goods they typically consume.This primarily addresses the economic question of:


A) How will each good be produced?
B) For whom shall the goods be produced?
C) Why will the resources be used to produce goods?
D) What goods and services should a society produce?

Correct Answer:

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