If a Tax Shifts the Supply Curve Downward (Or to the Right),we

question 39

Multiple Choice

If a tax shifts the supply curve downward (or to the right) ,we can infer that the tax was levied on

• A)buyers of the good.
• B)sellers of the good.
• C)both buyers and sellers of the good.
• D)We cannot infer anything because the shift described is not consistent with a tax.

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Definitions:

Authoritarianism

A governing or leadership style characterized by absolute or blind obedience to authority, as against individual freedom and related to the expectation of unquestioned obedience.

Neuroticism

A personality trait characterized by sadness, moodiness, and emotional instability.

Conscientiousness

A personality trait characterized by being thorough, careful, or vigilant; it implies a desire to do a task well.

Extraversion

A personality trait characterized by outgoingness, high energy, and sociability.