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If the Government Wants to Limit Sales of a Particular

question 108

True/False

If the government wants to limit sales of a particular good,it may do so by imposing a quota.However,the same reduction in sales may be achieved by an appropriately chosen excise tax.


Definitions:

Sternum

The flat bone located in the center of the chest, connecting the rib bones and protecting vital organs in the thoracic cavity.

Triangular

Having the shape of a triangle; involving three points or elements.

Sternum

The long, flat bone located in the center of the chest, connecting to the ribs via cartilage, forming part of the rib cage.

Sections

Distinct parts into which something is or may be divided, or a method of delivering a baby surgically.

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