Does it matter whether buyers or sellers are legally responsible for paying a tax? a. yes, the tax is more efficient if consumers pay the tax. b. no, the market price to consumers and net proceeds to sellers are the same independent of who pays the tax. c. yes, the tax is more equitable if sellers pay the tax.

Over the past decade, brands that were once available only to the wealthy have created more affordable product extensions, giving a far broader range of consumers a taste of the good life. jaguar, for instance, launched its x-type sedan, which starts at $30,000 and is meant for the "almost rich" consumer who aspires to live in luxury. by marketing to people who desire a luxurious lifestyle, jaguar is using:

On january 1, year 1, purl corp. purchased as a long-term investment $500,000 face amount of shaw, inc.’s 8% bonds for $456,200. the bonds were purchased to yield 10% interest. the bonds mature on january 1, year 6, and pay interest annually on january 1. purl uses the effective interest method of amortization. what amount (rounded to nearest $100) should purl report on its december 31, year 2, balance sheet for these held-to-maturity bonds?

Which of the following comes after a period of recession in the business cycle? a. stagflation b. a drought c. a boom d. recovery