When a Tax Is Imposed on a Good, the

question 83

Multiple Choice

When a tax is imposed on a good, the

• A)supply curve for the good always shifts.
• B)demand curve for the good always shifts.
• C)amount of the good that buyers are willing to buy at each price always remains unchanged.
• D)equilibrium quantity of the good always decreases.

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Definitions:

Erikson's Theory

A psychological theory proposed by Erik Erikson, which outlines eight stages of psychosocial development throughout the human lifespan, each characterized by a specific challenge or crisis.

Autonomy

The capacity and right of individuals to make their own choices and control their own lives, often considered essential for personal development.

Independence

The state of being free from outside control or not depending on another's authority or assistance for livelihood or decision making.

Positive Reinforcement

A principle in behavioral psychology where the introduction of a desirable stimulus following a behavior increases the likelihood of that behavior recurring.