The Indirect Effects from Taxation Would Include

question 139

Multiple Choice

The indirect effects from taxation would include:

• A)the effect of the tax on equilibrium prices
• B)the flypaper effect
• C)the inability of buyers to change their buying habits in order to escape from paying a tax
• D)all of the above

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Definitions:

Bimodal

A distribution with two different modes, or peaks, in a set of data, indicating two dominant frequencies or values.

Normal Distribution

Normal distribution, often called a bell curve, describes a symmetrical distribution of data where most values cluster around a central mean.

Outliers

Outliers are data points that differ significantly from other observations, often lying far outside the majority of a data distribution.

Parameter

A numeric characteristic that describes and summarizes an entire population of data.