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Question 4 0 Mark this question A house with an elasticity score of 3 would be considered a good, while a house with an elasticity
Question 4 0 Mark this question A house with an elasticity score of 3 would be considered a good, while a house with an elasticity score of 0.5 would be considered a(n) good. 0 normal; inferior 0 normal; luxury 0 luxury; inferior 0 luxury; normal Question 5 0 Mark this question Which statement below is NOT true regarding government intervention in the economy? 0 Unemployment insurance is an automatic economic stabilizer. If the economy is doing badly, the government should cut spending to improve it. Most suggest that government should promote macroeconomic stability. 0 Progressive income tax is a form of automatic stabilizer. Question 6 0 Mark this question If demand is , the seller will hear more of the burden of a tax than the consumer. O perfectly inelastic 0 unit elastic O elastic O inelastic
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