Consider the above figure. This curve suggests that as the government raises the tax rate, a point will eventually be reached at which the revenues that are collected will

A) increase.
B) decline.
C) approach infinity.
D) become negative.

B

Economics

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Financial intermediaries reduce individual risk because they pool the funds of savers

Indicate whether the statement is true or false

Economics

If a firm can create important complements to its original product, it has

a. Created an uncontrollable factor that can change the demand for its product b. Created an uncontrollable factor that cannot change the demand for its product c. Created a controllable factor that can change the demand for its product d. Created a controllable factor that cannot change the demand for its product

Economics