A tax on the sellers of coffee will increase the price of coffee paid by buyers,
a. increase the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee.
b. increase the effective price of coffee received by sellers, and decrease the equilibrium quantity of coffee.
c. decrease the effective price of coffee received by sellers, and increase the equilibrium quantity of coffee.
d. decrease the effective price of coffee received by sellers, and decrease the equilibrium quantity of coffee.
d
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Holding money as a store of value instead of other assets is
A) the capital demand for money. B) the asset demand for money. C) the precautionary demand for money. D) the transactions demand for money.
Which of the following will shift out to the right as productivity increases?
a. Aggregate demand curve b. Aggregate supply curve c. Demand curve d. Supply curve
Prices direct economic activity in a market economy by
a. influencing the actions of buyers and sellers. b. reducing scarcity of the goods and services produced. c. reducing opportunity cost of goods and services produced. d. allocating goods and services in the most equitable way.
Since its creation, what government entity has greatly reduced the number of bank failures by helping other banks take over the liabilities and assets of troubled banks, and thereby preventing loss of depositor funds?
a. the Federal Deposit Insurance Corporation b. the Federal Trade Commission c. the Federal Open Market Committee d. the Department of Commerce