The major problem with using strawberries as money is the problem of

Which of the following did the Fed do during the recession of 2008-2009?

a. lowered the federal funds rate and sold securities and loans b. lowered the federal funds rate and purchased securities and loans c. raised the federal funds rate and sold securities and loans d. raised the federal funds rate and purchased securities and loans

Refer to the below graph. Assume the market for this product is in equilibrium at the intersection of D2 and S1. The shift in supply from S1 to S2 is due to an excise tax imposed on the product. The incidence of the tax is:

A. $1 from the buyers and $3 from the sellers

B. $3 from the buyers and $3 from the sellers

C. $1 from the buyers and $1 from the sellers

D. $4 from the buyers and $0 from the sellers