The federal income tax is a good example of a

If the price of hair styling increases, then

A) hair styling salons hire fewer workers but makes more profit. B) hair stylists demand an increase in wages and the salons hire fewer workers. C) the value of marginal product of each hair stylist increases and the demand curve for hair stylists shifts leftward. D) the value of marginal product of each hair stylist increases and the demand curve for hair stylists shifts rightward.

Speculative demand for money is a(n):

A. positive function of prices. B. inverse function of prices. C. positive function of interest rates. D. inverse function of interest rates.