The USCensus Bureau Publishes the ________,Which Is Conducted Every Five Years

question 277

Multiple Choice

The U.S.Census Bureau publishes the ________,which is conducted every five years and contains detailed information on the number and sales of U.S.establishments that produce goods or resources.

• A)North American Industry Classification System
• B)Economic Census
• C)Annual Survey of Manufacturers
• D)Annual Wholesale Trade Survey
• E)Survey of Business Owners

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Definitions:

Relatively Inelastic

Describes a demand characteristic where a change in price leads to a smaller proportionate change in quantity demanded.

Excise Tax

A tax levied on specific goods, services, or transactions, often imposed on items such as alcohol, tobacco, and gasoline.

Price-Elastic Demand

The characteristic of demand for a good indicating that a change in price results in a relatively larger change in the quantity demanded.

Excise Tax

A tax on the sale or use of specific products or transactions, typically integrated directly into the cost of the good.