The Effects of Taxing Demanders Are the Same as Taxing

question 33

True/False

The effects of taxing demanders are the same as taxing suppliers.

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Definitions:

Fossils

The preserved remains, impressions, or traces of once-living organisms from a past geological age, embedded and preserved in sedimentary rocks.

Marine Layers

Strata of moist ocean air that is cooled below its dew point temperature and thus forms a layer of clouds at the surface or near the surface of a large body of water.

Sand Dunes

Hills or ridges of sand piled up by the wind in desert regions or near bodies of water.

Transgression

A geologic event where the sea advances over land areas, covering them with sediment layers due to rising sea levels.