财政学英文测试题：TBChap015.docxVIP

Chapter 15 Taxation and Efficiency ? Multiple Choice Questions? 1. An income effect?? A.? is measured as the change in prices over time. B.? is not possible when people are unemployed. C.? requires interest rates to remain constant. D.? is the change in the quantity demand, due to the fact that real income changes when prices change. ? 2. Equivalent variation means?? A.? finding an equivalent change in income that puts a person on the same utility as a change in price would. B.? finding equal tax rates that insure quantity demanded does not change. C.? equalizing excess burden across al