Questions That Ask for Many Possible Answers Rather Than One

question 97

Short Answer

Questions that ask for many possible answers rather than one answer only are called ________ questions.

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Definitions:

Tax Incidence

Examining how a specific tax impacts the allocation of economic well-being among different stakeholders.

Producers

Individuals or businesses involved in the creation of goods or services intended for distribution and sale.

Deadweight Loss

An economic inefficiency that happens when the balance between supply and demand for a good or service isn't met or can't be met.

Tax

A mandatory monetary fee or tax levied by the government on people or organizations to support government spending.