If the government removes a $1 tax on sellers of gasoline and imposes the same $1 tax on buyers of gasoline, then the price paid by buyers will
A. not change, and the price received by sellers will not change
B. increase, and the price received by sellers will increase.
C. increase, and the price received by sellers will not change.
D. not change, and the price received by sellers will increase
A. not change, and the price received by sellers will not change
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Reserve requirements are set by
A) the Secretary of Treasury. B) the President. C) Congress. D) the Fed.
Violent labor-management conflicts of the late 1800s included all of the following except
a. the Haymarket Square riot b. the Carnegie Homestead Works incident c. the Pullman strike d. the Credit Mobilier scandal
In the United States, families headed by single women have higher poverty rates than families headed by single men or by married couples
a. True b. False Indicate whether the statement is true or false
If the tax multiplier is -9 and taxes are reduced by $100 billion, output
A. increases by $100 billion. B. increases by $900 billion. C. falls by $100 billion. D. falls by $900 billion.