A Tax on Consumers of a Good Would Shift the ________

question 102

Multiple Choice

A tax on consumers of a good would shift the ________ curve down and cause the price paid by consumers to ________.

• A) supply; increase
• B) demand; decrease,then return to its original level
• C) supply; decrease
• D) demand; increase
• E) supply; increase,then return to its original level

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Definitions:

Lymphocytes

Lymphocytes are a type of white blood cell critical to the immune system, helping the body fight off infections and other diseases.

Corticosteroids

A class of steroid hormones that are produced in the adrenal cortex and used medicinally to reduce inflammation and suppress the immune system.

Norepinephrine

A neurotransmitter involved in the body's response to stress, increasing heart rate and blood pressure.

Collagen

A protein that is the main component of connective tissues in animals, providing strength and structure, especially in skin, bones, and tendons.