Which of the Following Is Used in Economic Analysis to Judge

question 190

Multiple Choice

Which of the following is used in economic analysis to judge the effect of taxes on economic welfare

• A)government deficits
• B)consumer and producer surplus
• C)equilibrium price and quantity
• D)opportunity cost

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Definitions:

Autism Spectrum Disorder

A developmental disorder characterized by difficulties in social interaction, communication, and by restricted and repetitive behaviors.

Multifinality

The principle in developmental psychology that similar early experiences can lead to different outcomes in individuals.

Equifinality

A principle from systems theory suggesting that different actions in a given context can lead to the same outcome.

Dyslexia

Unusual difficulty with reading; thought to be the result of some neurological underdevelopment.