By discriminating between the consumers, the monopolist actually takes away a portion of the consumer surplus
a. True
b. False
Indicate whether the statement is true or false
True
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When did Regulation Q finally disappear?
A) 1934 B) 1945 C) 1986 D) 2000
When a country allows trade and becomes an exporter of goods consumers gain more than producers lose
a. True b. False Indicate whether the statement is true or false
A federal budget surplus
A. occurs when government expenditures exceed taxation. B. occurs when government tax revenues and expenditures are equal. C. causes the national debt to increase. D. occurs when government expenditures are less than government tax revenues.
Local government expenditures depend on which taxes?
A. Social Security taxes B. revenues from licenses and permits C. capital gains taxes D. local property, sales, and excise taxes