Which of the Following Statements Is Correct

question 52

Multiple Choice

Which of the following statements is correct?

• A)A tax levied on buyers will never be partially paid by sellers.
• B)Who actually pays a tax depends on the price elasticities of supply and demand.
• C)Government can decide who actually pays a tax.
• D)A tax levied on sellers always will be passed on completely to buyers.

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Definitions:

Subclavian Vein

A major vein located under the clavicle that drains blood from the upper extremities back to the heart.

Internal Jugular

A major vein in the neck, carrying blood from the head, brain, face, and neck back to the heart.

Posterior Intercostal

Pertaining to the muscles and arteries located between the ribs at the back side of the body, assisting in the mechanical aspect of breathing.

External Iliac Artery

A major artery that supplies blood to the lower limbs, originating from the common iliac artery.