The tax increases necessary to fund future Social Security and Medicare benefit payments would be
A) small, but could discourage work effort, entrepreneurship, and investment, thereby slowing economic growth.
B) large, but would have little effect on economic growth.
C) large, and could discourage work effort, entrepreneurship, and investment, thereby slowing economic growth.
D) small, and have little effect on economic growth.
C
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What is the Herfindahl-Hirschman index (HHI) in this market?
a. 1550 b. 1650 c. 1750 d. 1850
A firm that practices resale price maintenance
a. has incentive to reduce competition between its retailers. Resale price maintenance can lead to more service. b. has incentive to reduce competition between its retailers. Resale price maintenance cannot lead to more service. c. has no incentive to reduce competition between its retailers. Resale price maintenance can lead to more service. d. has no incentive to reduce competition between its retailers. Resale price maintenance cannot lead to more service.