Virtual sc economics - Study guides, Class notes & Summaries

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SC VIRTUAL economics CP final exam Questions with Correct Solutions
  • SC VIRTUAL economics CP final exam Questions with Correct Solutions

  • Exam (elaborations) • 16 pages • 2024
  • It is generally believed that a sales tax a) hurts the poor b) hurts the wealthy c) is the only fair tax d) is unfair to the middle class - ANSWER Correct Answer: A The study of economics involves ________________ a) explaining how people deal with scarcity b) studying how things are made, bought, sold, and used c) explaining how incomes are earned and how jobs are created d) all of these - ANSWER Correct Answer: D
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