GDP is an example of a:* O Flow O stock O Both flow and stock None...

 

Transcribed Image Text:

GDP is an example of a:* O Flow O stock O Both flow and stock None of the above Which of the following is a normative statement If a sin tax is imposed on cigarettes and alcohol, consumers will carry more of the tax burden O Sin tax should be imposed because cigarettes and alcohol are bad for the health O The future revenues of the proposed sin tax rate are lower than the policy goal O A and B As consumption of a certaln good Increases, marginal utility GDP is an example of a:* O Flow O stock O Both flow and stock None of the above Which of the following is a normative statement If a sin tax is imposed on cigarettes and alcohol, consumers will carry more of the tax burden O Sin tax should be imposed because cigarettes and alcohol are bad for the health O The future revenues of the proposed sin tax rate are lower than the policy goal O A and B As consumption of a certaln good Increases, marginal utility

Answer rating: 100% (QA)

1GDP is an example of a flow Stocks and flows are differ in their units of measurement Stock is calc... View the full answer