The taxing agency in your state would like to impose a sales tax in a way that minimizes deadweight loss. To achieve this goal it should tax:

A. all goods equally.
B. goods but not services.
C. goods whose supply and demand curves are relatively inelastic.
D. goods that are relatively inexpensive.


Answer: A

Economics

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A. out of the labor force. B. unemployed. C. underemployed. D. employed.

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In 1952, there were _____ school districts in the United States

a. fewer than 15,000 b. around 30,000 c. around 45,000 d. more than 60,000

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Which of the following are qualifications of the Coase Theorem?

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Scarcity is a situation in which resources are unlimited in quantity and can be used in different ways.

Answer the following statement true (T) or false (F)

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