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Satsume Satsume
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6 years ago
In 1994, the state of California suffered a devastating earthquake.  To help pay for the damages, the state raised its sales tax by one cent per dollar of expenditure on most consumer goods.  This state sales tax is an example of what economists call:
A) an ad valorem tax.
B) a specific tax.
C) a neutral tax.
D) a negative tax.
E) none of the above
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Microeconomics

Microeconomics


Edition: 8th
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oracledarrenoracledarren
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6 years ago
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Satsume Author
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Brilliant ツ
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Just got PERFECT on my quiz
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