An Unintended Effect of a Tax Credit Given to First-Time

question 1

Multiple Choice

An unintended effect of a tax credit given to first-time home buyers would be a _____________ shift in the ______________ curve for housing,which would result in a(n) _____________ in the price of housing.

• A) leftward; supply; increase
• B) leftward; demand; decrease
• C) rightward; supply; decrease
• D) rightward; demand; increase
• E) none of the above

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Definitions:

False Imprisonment

An act of restraining a person against their will in a bounded area without any legal justification.

Justifiably Restrains

Legitimate limitation or control of actions based on legal or moral grounds.

Wrongful Conduct

Actions or behaviors that are illegal or morally incorrect, often resulting in harm or injury to others.

Law of Torts

A body of rights, obligations, and remedies that is applied by courts in civil proceedings to provide relief for persons who have suffered harm from the wrongful acts of others.