Fill in the Blank with One of the Words or Phrases

question 289

Multiple Choice

Fill in the blank with one of the words or phrases listed below.

-The , written i, is the number whose square is -1.

• A)imaginary unit
• B) index
• C) conjugate
• D) complex number

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Definitions:

Tax Burden

The distribution of tax payments among individuals or groups, often discussed in the context of equity and fairness.

Deadweight Loss

It represents the loss of economic efficiency when the equilibrium for a good or a service is not achieved or is not achievable.

Excise Tax

A tax directly levied on certain goods, services, or activities, such as tobacco, alcohol, or fuel, usually to discourage their use or generate revenue.

Short Run

A period during which at least one input (e.g., plant size, technology) is fixed, and firms can adjust only the variable inputs (e.g., labor).