When a Tax on a Good Is Enacted

question 130

Multiple Choice

When a tax on a good is enacted:

• A)buyers always bear the full burden of the tax
• B)sellers always bear the full burden of the tax
• C)buyers and sellers share the burden of the tax regardless of whom it is levied on
• D)sellers bear the full burden if the tax is levied on them, but buyers bear the full burden if the tax is levied on them

Describe various techniques used in social engineering and their impact.

Understand the processes and tools used in securing digital information and combating cybercrimes.

Distinguish between different security software and their purposes.

Understand the significance of multi-factor authentication in enhancing security.

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Definitions:

Availability Heuristic

A cognitive shortcut that relies on immediate examples that come to a person’s mind when evaluating a specific topic, concept, method, or decision.

Explicit Bias

Conscious or deliberate prejudice toward particular groups or individuals based on race, gender, age, or other characteristics.

Just-world Phenomenon

A cognitive bias leading individuals to believe that the world is fundamentally fair, thus people get what they deserve.

Scapegoat Theory

A concept in social psychology that suggests individuals or groups are unfairly blamed for problems not of their making.