Why would someone contribute money to a 501(c) group?
A. to make a contribution using someone else's name or under a false identity
B. to ensure that the money is used on advertising
C. so that the funds would be matched by the federal government
D. to avoid having his or her name disclosed as a donor
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In the housing market, if a rent ceiling of $600.00 is imposed when the equilibrium rent is $500.00, why will nothing change?
What will be an ideal response?
In the above figure, if the market price is $100 per ton, then the firm's producer surplus on the second ton of wheat is
A) $25. B) $50. C) $75. D) $100.
Consider the market for purple magic markers. The demand for purple magic markers is perfectly elastic and the supply curve is upward sloping
If sellers of purple magic markers are taxed $1 per marker, how will the tax be divided between the buyer and seller? A) The sellers will pay the entire tax. B) The buyers will pay the entire tax. C) The tax will be evenly divided between the sellers and buyers. D) More information is needed to determine how the tax is split.
According to the Taylor Principle, when the inflation rate rises, the nominal interest rate should be ________ by ________ than the inflation rate increase
A) increased; more B) increased; less C) decreased; more D) decreased; less