Which of the Following Is True

question 10

Multiple Choice

Which of the following is true?
i.If supply is perfectly inelastic,the tax creates no deadweight loss.
ii.The elasticities of supply and demand,not Congress,determine who pays the income tax.
iii.A tax is progressive if the average tax rate falls with income.

• A) only i
• B) only ii
• C) only iii
• D) ii and iii
• E) i and ii

---

Definitions:

Amygdala

A structure in the brain involved in emotion regulation, emotional memory, and responses to fear.

Medulla

Part of the brainstem involved in controlling involuntary functions such as breathing, heart rate, and blood pressure.

Brain Stem

The part of the brain connecting the spinal cord to the forebrain and cerebrum, controlling basic life functions like breathing and heart rate.

Heart Rate

The number of heartbeats per unit of time, typically expressed as beats per minute (BPM).