Use the Following Two Columns of Items to Answer the Matching

question 45

Short Answer

Use the following two columns of items to answer the matching questions below:
-insurance company
A)nondepository institutions that facilitate the purchase and sale of securities by firms or individuals
B)financial institutions that accept deposits and provide loans
C)financial institutions that offer a diverse set of services
D)a nondepository institution that sells shares to individuals and uses the proceeds to invest in securities and create a mutual fund
E)a nondepository institution that provides insurance to protect against adverse events
F)a nondepository institution that specializes in providing personal loans

• A)nondepository institutions that facilitate the purchase and sale of securities by firms or individuals
• B)financial institutions that accept deposits and provide loans
• C)financial institutions that offer a diverse set of services
• D)a nondepository institution that sells shares to individuals and uses the proceeds to invest in securities and create a mutual fund
• E)a nondepository institution that provides insurance to protect against adverse events
• F)a nondepository institution that specializes in providing personal loans

---

Definitions:

Tax Incidence

The distribution of the economic burden of a tax between buyers and sellers, depending on the elasticity of demand and supply.

Producers

Entities or individuals that create goods or services for consumption by consumers.

Excise Tax

A tax charged on specific goods, such as alcohol and tobacco, usually imposed to discourage certain behaviors or generate revenue.

Tax Burden

The distribution of tax payments among individuals or groups, often discussed in the context of equity and fairness.