ECON 102 Ch 7, 8, 13

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This disagreement arises primarily because economists hold different views about:","questionTimeSeconds":"0","questionTimeMinutes":"1","questionImagePath":null,"position":9,"explanation":"","question_score_id":null,"lang":"","questionAudioPath":null},{"id":513035,"quiz_id":"26097","answer_id":null,"answerType_id":"0","created_at":"2018-07-28 20:08:26","updated_at":"2018-07-28 21:10:30","questionName":"Concerning the labor market and taxes on labor, economists disagree about:","questionTimeSeconds":"0","questionTimeMinutes":"1","questionImagePath":null,"position":11,"explanation":"","question_score_id":null,"lang":"","questionAudioPath":null},{"id":513037,"quiz_id":"26097","answer_id":null,"answerType_id":"0","created_at":"2018-07-28 20:11:38","updated_at":"2018-07-28 21:10:30","questionName":"Suppose the tax on liquor is increased so that the tax goes from being a \"medium\" tax to being a \"large\" tax. As a result, it is likely that:","questionTimeSeconds":"0","questionTimeMinutes":"1","questionImagePath":null,"position":13,"explanation":"","question_score_id":null,"lang":"","questionAudioPath":null},{"id":513026,"quiz_id":"26097","answer_id":null,"answerType_id":"0","created_at":"2018-07-28 19:56:24","updated_at":"2018-07-28 21:10:30","questionName":"When a tax is imposed on a good for which both demand and supply are very elastic:","questionTimeSeconds":"0","questionTimeMinutes":"1","questionImagePath":null,"position":2,"explanation":"","question_score_id":null,"lang":"","questionAudioPath":null},{"id":513034,"quiz_id":"26097","answer_id":null,"answerType_id":"0","created_at":"2018-07-28 20:07:07","updated_at":"2018-07-28 21:10:30","questionName":"Taxes on labor have the effect of encouraging:","questionTimeSeconds":"0","questionTimeMinutes":"1","questionImagePath":null,"position":10,"explanation":"","question_score_id":null,"lang":"","questionAudioPath":null},{"id":513024,"quiz_id":"26097","answer_id":null,"answerType_id":"0","created_at":"2018-07-28 19:53:37","updated_at":"2018-07-28 21:10:30","questionName":"Sellers of a product will bear the larger part of the tax burden, and buyers will bear a smaller part of the tax burden, when the:","questionTimeSeconds":"0","questionTimeMinutes":"1","questionImagePath":null,"position":0,"explanation":"","question_score_id":null,"lang":"","questionAudioPath":null},{"id":513036,"quiz_id":"26097","answer_id":null,"answerType_id":"0","created_at":"2018-07-28 20:10:18","updated_at":"2018-07-28 21:10:30","questionName":"An increase in the size of a tax is most likely to increase tax revenue in a market with:","questionTimeSeconds":"0","questionTimeMinutes":"1","questionImagePath":null,"position":12,"explanation":"","question_score_id":null,"lang":"","questionAudioPath":null},{"id":513027,"quiz_id":"26097","answer_id":null,"answerType_id":"0","created_at":"2018-07-28 19:57:43","updated_at":"2018-07-28 21:10:30","questionName":"The deadweight loss from a $2 tax will be smallest in a market with:","questionTimeSeconds":"0","questionTimeMinutes":"1","questionImagePath":null,"position":3,"explanation":"","question_score_id":null,"lang":"","questionAudioPath":null},{"id":513030,"quiz_id":"26097","answer_id":null,"answerType_id":"0","created_at":"2018-07-28 20:02:14","updated_at":"2018-07-28 21:10:30","questionName":"Consider a good to which a per-unit tax applies. 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