Use the Formula . ​

question 77

Multiple Choice

Use the formula . ​
The San Francisco earthquake of 1906 measured 8.25 on the Richter scale, and the San Francisco earthquake of 1989 measured 7.1. How much more intense was the 1906 quake?
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• A)0.3 times as severe.
• B)1.5 times as severe
• C)5.7 times as severe
• D)10.8 times as severe
• E)14.1 times as severe

Evaluate the effects of tax policies on economic behavior and fairness.

Understand the historical context and arguments concerning tax policy debates.

Analyze the equity and efficiency implications of various tax proposals.

Understand the definition and implications of tax incidence.

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Definitions:

Negotiable Instruments

Financial instruments, such as checks, promissory notes, and bills of exchange, that contain an unconditional promise or order to pay a specified amount of money and are transferable by endorsement.

UCC

All commercial exchanges in the United States are regulated by the comprehensive legal framework known as the Uniform Commercial Code.

Third Party

An entity that is not directly involved in a legal transaction or agreement but may be affected by it or have an interest in it.

Negotiable

Refers to a document or contract containing a promise to pay a specified amount, which can be transferred or sold to another party.