When a Tax Is Imposed on a Good, the

question 83

Multiple Choice

When a tax is imposed on a good, the

• A)supply curve for the good always shifts.
• B)demand curve for the good always shifts.
• C)amount of the good that buyers are willing to buy at each price always remains unchanged.
• D)equilibrium quantity of the good always decreases.

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Definitions:

Ego

The Freudian structure of personality that deals with the demands of reality.

High Moral Principles

The possession of, and adherence to, elevated ethical standards and values, guiding one's behavior and decision-making.

Freudian Personality Structure

A model proposed by Sigmund Freud that divides the human psyche into three parts: the id, ego, and superego, each with distinct functions and characteristics.

Superego

Part of Freud's psychoanalytic theory, representing the moral conscience and societal standards within an individual's personality structure.