Imposing a Unit Excise Tax on the Final Sale of a Good

question 175

Multiple Choice

Imposing a unit excise tax on the final sale of a good or service can be displayed graphically as

• A) a vertical shift upward of the demand curve.
• B) a vertical shift upward of the supply curve.
• C) a vertical shift downward of the demand curve.
• D) a vertical shift downward of the supply curve.

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Definitions:

Anal Stage

The second stage in Freud's psychosexual development theory, focusing on pleasure centers around the bowel and bladder elimination and retention.

Oedipal Complex

A Freudian theory that a child experiences a desire for the opposite-sex parent and jealousy towards the same-sex parent.

Toilet Training

The process of teaching a young child to use the toilet for urination and defecation.

Psychosexual Stage

Conceptual phases in Freudian psychology where an individual's personality is developed through childhood in stages centered on different erogenous zones.