Suppose That a Tax Is Placed on Books

question 44

Multiple Choice

Suppose that a tax is placed on books. If the buyers pay the majority of the tax, then we know that the

• A)demand is more inelastic than the supply.
• B)supply is more inelastic than the demand.
• C)government has required that buyers remit the tax payments.
• D)government has required that sellers remit the tax payments.

---

Definitions:

Freud

Sigmund Freud, an Austrian neurologist and the founder of psychoanalysis, a clinical method for treating psychopathology.

Therapy

Treatment methods aimed at making people feel better and function more effectively.

Humanistic

A psychological perspective that emphasizes the study of the whole person and the uniqueness of the individual's experience, focusing on self-actualization and personal growth.

Potential

The capacity to develop, grow, or come into being; latent qualities or abilities that may be developed.