The act of selling an item in slightly altered forms at different prices and to different groups of consumers is known as
A) bundling.
B) versioning.
C) tie-in sales.
D) lemons marketing.
Answer: B
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Which of the following is NOT true about the duties the Fed performs for the federal government?
A) The U.S. Treasury has a checking account at the Fed. B) The Federal Reserve aids in the purchase and sale of certain government securities. C) The U.S. Treasury controls the Fed. D) The Federal Reserve is the banker and fiscal agent of the federal government.
The measured poverty rate may not reflect the true extent of economic deprivation because it does not include some forms of government assistance
a. True b. False Indicate whether the statement is true or false
To close an inflationary gap through fiscal policy, the government should
A. reduce taxes in order to stimulate investment, and thus increase aggregate supply. B. increase government spending and taxes in order to both increase aggregate demand and aggregate supply. C. decrease government spending in order to increase aggregate supply. D. decrease government spending in order to reduce aggregate demand.
Tax shifting
A. occurs when taxed agents can alter their behavior and do something to avoid paying a tax. B. occurs when taxes cause prices to increase, but wages to fall. C. is the way in which a tax is structured. D. is the ultimate distribution of a tax's burden.