Which of the Following Statements Is Correct Regarding the Imposition

question 23

Multiple Choice

Which of the following statements is correct regarding the imposition of a tax on gasoline?

• A)The incidence of the tax depends upon whether the buyers or the sellers are required to remit tax payments to the government.
• B)The incidence of the tax depends upon the price elasticities of demand and supply.
• C)The amount of tax revenue raised by the tax depends upon whether the buyers or the sellers are required to remit tax payments to the government.
• D)The amount of tax revenue raised by the tax does not depend upon the amount of the tax per unit.

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Definitions:

Emergency Medical Services (EMS)

A group that provides out-of-hospital acute medical care and/or transport to definitive care to patients experiencing a medical emergency.

Consciousness

Awareness, full knowledge of what is in one’s own mind.

Chronic

Continuing a long time, recurring; not acute.

Emergency Preparedness

Actions taken in anticipation of an emergency to facilitate rapid, effective, and appropriate response to the situation.