When a Tax Is Imposed on the Sellers of a Good,the

question 6

Multiple Choice

When a tax is imposed on the sellers of a good,the

• A)demand curve shifts downward by less than the amount of the tax.
• B)demand curve shifts downward by the amount of the tax.
• C)supply curve shifts upward by less than the amount of the tax.
• D)supply curve shifts upward by the amount of the tax.

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Definitions:

Validation Studies

Research conducted to ensure that a tool, test, or method accurately measures what it is supposed to measure.

Concurrent Validity

A measure of how well a new test predicts outcomes according to an established benchmark or criterion test, carried out at the same time.

Predictive Validity

The extent to which a test or assessment accurately predicts future performance or behaviors related to the intended criteria.

Generalized Validity

The extent to which the findings or results of a study or test can be applied to broader situations beyond the original context.