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:

Hypocalcemia

Deficiency of calcium in blood plasma.

Hypophosphatemia

Deficiency in phosphate in blood plasma.

Hypermagnesemia

An excess of magnesium in blood plasma.

Hypokalemia

Deficiency of potassium in blood plasma.