Design Layout References Mailings Review View Q Tell me '\"l\" {K A" l Aav l Pol V$X1leAvIvAv Aabcwde AaBchDc :AaBchDdEt A No Spacing Hudlngt ' HudingZ .l l l AaBchDdEe ;' Normal l The multiple-choice party 1. The incidence of a tax tells us a. How efciently a tax is collected and accomplishes its goals. b. How fairly a tax affects different income groups. c. How taxes compare with subsidies to accomplish some goal like promoting vaccines. d. How the burden of a tax is divided between buyers and sellers. 2..Sometimes governments pay people to make certain choices. What are these payments called? a. Welfare payments b. Subsidies ! c. Transfer payments d. Taxes __ 3. After we choose to tax a product, the price buyers pay a. falls, and the price received by sellers rises. ' b. rises, and the price received by sellers rises. c. risel and the price received by sellers fails. d. falls, and the price received by sellers falls. 4. What always happens when we put a tax on a product like soda or cigarettes? a. The supply curve for the good always shifts. b. The demand curve for the good always shifts. c. Sellers always pass a_l_l_gf the tax onto the price buyers pay. . d. The equilibrium quantity of the good always decreases. ' 5. Regardless of if buyers or sellers are supposed to pay a tax, 3. Sellers always pay most of the tax. b. Buyers and sellers always share the burden of the tax, although not necessarily equally. c. Buyers always pay most of the tax. d. Sellers and buyers always share the burden of a tax equally. )words '03 English (United States)