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QUESTION 1 True or false: The answer to the question Who pays the bulk of an excise tax? is not determined by the

QUESTION 1

True or false: The answer to the question "Who pays the bulk of an excise tax?" is not determined by the party on whom the government imposes the legal responsibility for paying the tax.

  1. True
  2. False

QUESTION 2

True or false: The amount of money a government will take in each month from an excise tax is the quantity of the good sold each month before the tax is imposed multiplied by the dollar amount of the tax.

  1. True
  2. False

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