What Is Meant by "The Incidence of the Tax

question 4

Multiple Choice

What is meant by "the incidence of the tax"?

• A)how much is the tax.
• B)why the tax rate changed.
• C)who changed the tax.
• D)ultimate economic effect of the tax on the real income of consumers and producers.

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Definitions:

Children

are young human beings who are not yet fully mature, typically characterized by a stage of development that precedes adolescence and adulthood.

Marrying

The legal or formal joining of two people as partners in a personal relationship, recognized and sanctioned by law or cultural practice.

Fewer Children

A situation or trend where there is a reduction in the number of children within a family, society, or demographic group.

Life

The existence of an individual human being or animal, characterized by growth, reproduction, activity, and continual change until death.