If buyers were required to pay the federal excise tax on gasoline directly to the government, the demand curve for gasoline would shift up
Indicate whether the statement is true or false
FALSE
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If this pollution occurs, the market equilibrium with no government intervention extracts ________ natural gas than the efficient quantity and ________ a deadweight loss
A) less; does not create B) more; does not create C) less; creates D) more; creates
Fiscal policy refers to a government's choices over its
A) expenditures, taxes, transfers, and borrowing. B) expenditures, taxes, issuance of money, and borrowing. C) expenditures, foreign affairs, issuance of money, and borrowing. D) issuance of money, taxes, environmental regulations, and foreign affairs.
_____ are an institution where the protocols may determine a _____ and the expected revenue of the seller
a. Contracts; buyer's pricing strategy b. Auctions; participant's best bidding strategy c. Auctions; participant's chances of winning the bid d. Contracts; buyer's share of gains from the transaction
Which of the following might lead banks to hold more reserves?
A. An increase in the demand for loanable funds B. A decrease in the legal reserve requirement C. Fear that customers will want to withdraw most of their deposits D. Fear that businesses may decide to borrow less to fund investments