The statutory incidence (or burden) of a tax refers to

a. the governmental agency responsible for collecting the tax.
b. who actually bears the burden of a tax once changes in market prices are taken into account.
c. the degree of progressiveness in the rate structure of the tax.
d. who the tax is legally or statutorily imposed on.


D

Economics

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The major problem with using strawberries as money is the problem of

a. homogeneity b. divisibility c. portability d. durability e. scarcity or abundance

Economics

The best available technology (BAT)

a. is the treatment technology that makes attaining the MCL feasible b. has no relationship with the MCL or the MCLG c. is the required technology that must be used by public water suppliers d. is part of the secondary drinking water standards

Economics

Which statement is true?

A. Most of the United States' production is geared toward consumer goods. B. Nearly 25 percent of the United States' national output is devoted to armaments. C. Japan devotes a higher proportion of its national output to armaments than the United States does. D. What gets produced in the United States is decided by a central planning board consisting of top government, corporate, and union officials.

Economics

When a manager's bonuses are tied to multiple unrelated performance measures

a. we typically see the manager miss all goals by about the same amount
b. we typically see the manager greatly exceeding some goals while missing others altogether
c. we typically see the manager just meeting some goals while missing others by a wide margin
d. we typically see the manager indifferent to the goals

Economics