Ad valorem taxes are based on the number of units sold
a. True b. False
b
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The risk premium on corporate bonds reflects the fact that corporate bonds have a higher default risk and are ________ U.S. Treasury bonds
A) less liquid than B) less speculative than C) tax-exempt unlike D) lower-yielding than
If a change is a Pareto improvement, then
A) we also achieve Pareto efficiency. B) consumer surplus is maximized. C) it also passes the cost-benefit test. D) the distributional effect is likely to be regressive.
Suppose a company trying to increase profits, markets its laptops at a price that is higher than the equilibrium price of laptops in the market. Which of the following is likely to happen as a consequence?
a. The equilibrium price of laptops will increase to the level charged by this brand. b. There will be an excess supply of this particular brand of laptops in the market. c. There will be an excess demand for this particular brand of laptops in the market. d. The equilibrium price of laptops will decrease.
Federal Reserve monetary policy goals include
What will be an ideal response?