Question
a. Explain whether this statement true or false : When the Demand Curve is perfectly elastic, the tax on Demand will give higher price for
a. Explain whether this statement true or false : When the Demand Curve is perfectly elastic, the tax on Demand will give higher price for buyer rather than tax on Supply. Given that the Supply curve is somewhat elastic. (use graphic)
b. Explain whether this statement true or false : When the Demand Curve is perfectly in-elastic, the tax on Demand will give higher price for buyer rather than tax on Supply. Given that the Supply curve is somewhat elastic. (use graphic)
c. Explain macroeconomic function and microeconomic function of Fiscal Federalism.
d. How do you evaluate advantages and disadvantages of Decentralized system.
Use graphic to your answers if it's possible
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