If the tax rate fell, holding municipal bonds would be less desirable so the interest rates on them would fall
a. True
b. False
Indicate whether the statement is true or false
False
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If the price of a a good increases by 10 percent and the quantity supplied increases by 5 percent, then the elasticity of supply is
A) greater than one and supply is elastic. B) negative and supply is inelastic. C) less than one and supply is elastic. D) less than one and supply is inelastic. E) greater than one and supply is inelastic.
List appropriate criteria for deciding whether a merger of two firms producing similar products should be permitted.
What will be an ideal response?
A failure of the pricing system has led to pollution.
Answer the following statement true (T) or false (F)
Refer to the information provided in Figure 28.7 below to answer the question(s) that follow.
Figure 28.7Refer to Figure 28.7. Suppose the economy is at Point C. What can possibly move the economy to Point D?
A. a leftward shift in the AD curve B. a leftward shift in the AS curve C. a rightward shift in the AD curve D. a rightward shift in the AS curve