In Order to Raise More Tax Revenue, What Type of Goods

question 59

Multiple Choice

In order to raise more tax revenue, what type of goods should the government tax?

• A) goods with unit elastic demand curves over goods with inelastic demand curves
• B) goods with inelastic demand curves over goods with elastic demand curves
• C) goods with elastic demand curves over goods with inelastic demand curves
• D) goods with elastic demand curves over goods with unit elastic demand curves

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Definitions:

Observational Learning

A form of learning that occurs through watching the behaviors of others and the outcomes of those behaviors.

Reinforcing Factors

Elements or conditions that support the continuation or strengthening of behavior through positive or negative reinforcement.

Habit

A repeated behavior or practice, often performed automatically and with little conscious thought.

Predisposing Factors

Elements or conditions that make an individual more susceptible to developing a disease or disorder.