Q4. When a tax is imposed on the consumption of a good, which of the following terms refers to who bears the burden of the tax? A) The incidence of a tax. B) The deadweight loss. C) Consumer surplus.
Q5. When a tax on a good or service is imposed on the producers of the good or service, the: A) supply will decrease, but the incidence of the tax falls on both buyers and sellers. B) supply will decrease, but the incidence of the tax falls on the sellers only. C) demand will decrease, but the incidence of the tax falls on both buyers and sellers.
Q6. The actual incidence of a tax imposed on buyers or sellers is most accurately defined as: A) the amount of tax times the equilibrium quantity. B) the party legally responsible for paying the tax. C) the proportion of the tax burden borne by buyers and sellers. | 
发表于 2008-12-31 10:20
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