In Some Cases, the Payer of a Tax Can Shift

question 54

True/False

In some cases, the payer of a tax can shift the economic incidence of the tax to a third party.

---

Definitions:

July Futures Contracts

Agreements to buy or sell an asset at a predetermined price at a specified time in July.

Silver

A precious metal used in jewelry, currency, and industrial applications due to its conductivity and malleability.

July Futures Contracts

Futures contracts that are due for settlement in the month of July, involving the delivery of commodities or financial instruments at a predetermined future date.

Silver

A precious metal used in industry and as an investment, known for its conductivity and antimicrobial properties.