An increase in the excise tax on cigarettes raises the price of cigarettes by shifting the:
A. demand curve for cigarettes rightward.
B. demand curve for cigarettes leftward.
C. supply curve for cigarettes rightward.
D. supply curve for cigarettes leftward.
Answer: D
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Over the last 50 years, the employment ratio has risen most significantly among ________
A) men B) women C) blacks D) Hispanics
In the United States during the 1960s, government spending dramatically increased to fight the Vietnam War, which resulted in:
a. demand-pull inflation. b. cost-push inflation. c. a disinflationary recession. d. stagflation.
Consolidation activity in the hospital industry:
a. has slowed due to federal government legislation. b. has occurred almost exclusively at the local level. c. occurs for the same reasons that cause consolidation in other industries. d. has created a large number of nationwide for-profit hospital chains.
The statement, "Corn is not high because a rent is paid, but a rent is paid because corn is high," was made by _________.
Fill in the blank(s) with the appropriate word(s).