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-If a Unit Excise Tax Is Placed on a Good

question 65

Multiple Choice

  -If a unit excise tax is placed on a good for which the demand is very unresponsive to a price change, then A)  the government generally pays the majority of the tax. B)  the consumers generally pay the majority of the tax. C)  the producers generally pay the majority of the tax. D)  producers and consumers pay equal portions of the tax.
-If a unit excise tax is placed on a good for which the demand is very unresponsive to a price change, then


Definitions:

Sound Units

The smallest segments of sound that contribute to distinguishing meaning in a language, also known as phonemes.

Grammatical Morphemes

Small units of language that convey grammatical relationships and meanings, for example, suffixes and prefixes that denote tense or number.

Running Away

The act of leaving or escaping from a place, often as a response to conflict or danger.

Babbling

Early stage of language development where infants produce sounds or syllables that do not form conventional words, essential for later language acquisition.

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