If Demand Is More Elastic, the Portion of an Excise

question 44

Multiple Choice

If demand is more elastic, the portion of an excise tax borne by a buyer will

• A)increase.
• B)decrease.
• C)be unchanged.
• D)increase for normal goods, decrease for inferior goods.

---

Definitions:

Right To Sue

The legal entitlement allowing individuals or entities to bring a lawsuit against another party in a court of law.

Woodrow Wilson

The 28th President of the United States (1913-1921), known for leading the country during World War I and advocating for the League of Nations.

Progressive Agenda

A political and social movement that seeks to address issues of inequality, economic reform, and the improvement of social welfare through progressive policies.

Federal Government

The national government of a federal country, where powers are divided between central government authorities and constituent political units (states or provinces).