If a Tax Is Placed on One Good and Not

question 25

Multiple Choice

If a tax is placed on one good and not another, the effect that causes you to buy less of the taxed good because it has become relatively more expensive is called the

• A)substitution effect.
• B)net effect.
• C)income effect.
• D)domino effect.

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Definitions:

Dominant Traits

Genetic characteristics that are expressed in an organism's phenotype even when only one copy of the gene responsible for the trait is present.

Recessive Traits

Genetic characteristics that are expressed in offspring only when two copies of the gene are present, one from each parent.

Dosage Compensation

A mechanism that ensures equal expression of genes from the sex chromosomes despite the difference in chromosome number between males and females.

X-Linked Gene

A gene located on the X chromosome, with its expression and associated traits often differentially presented in males and females due to X-chromosome inactivation or hemizygosity in males.