Normally, both buyers and sellers of a good become worse off when the good is taxed
a. True
b. False
Indicate whether the statement is true or false
True
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Which of the following industries is most likely closest to achieving perfect price discrimination?
A) the airline industry B) the wheat industry C) the textbook industry D) the toilet paper industry E) the soft drink industry
If the Federal Reserve buys government bonds from the public,
A. Demand deposits will decrease. B. Bank reserves will not change. C. The money supply will contract. D. Banks will be able to make additional loans.
Exchange rate pegs are popular with developing countries because they increase credibility
Indicate whether the statement is true or false
The table above shows the exchange rates between various currencies and the U.S. dollar. Between 2015 and 2016, the Euro ________ against the U.S. dollar, the Japanese yen ________ against the U.S
dollar and the Canadian dollar ________ against the U.S. dollar A) depreciated, depreciated, depreciated B) appreciated, depreciated, appreciated C) appreciated, appreciated, appreciated D) depreciated, depreciated, appreciated