If the government wants to decrease the quantity consumed of alcohol by 20%, what percentage of tax would they have to levy on alcohol consumption?
a. 20%
b. 30%
c. 40%
d. 50%
a
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Why should the development of a solid elementary education system take precedence over an expansion of the university system in developing countries?
What will be an ideal response?
In the shareholder wealth maximization model, the value of a firm's stock is equal to the present value of all expected future ____ discounted at the stockholders' required rate of return
a. profits (cash flows) b. revenues c. outlays d. costs e. investments
A third party is a person, or persons, who:
a. consume goods produced from at least two intermediate inputs. b. avoids the transactions of the two principal parties. c. takes risks to avoid externalities. d. internalizes the costs of market failure. e. is imposed upon by the activity of others.
If a nation is going to achieve and sustain a high rate of economic growth, it must
What will be an ideal response?