Lump-sum taxes are equitable but not efficient

If two variables B and V are positively correlated, B ________ when V ________

A) goes up; goes down B) goes up; goes up C) goes down; goes up D) remains unchanged; goes up

Demand is a schedule of

A) how much of a good a person wants. B) how much of a good people will purchase at each different possible price. C) how much of a good people will purchase at each income level. D) each possible price and the amount people will buy when their incomes change.