If Japanese producers sell computer chips at a higher price in the United States than in Japan, and if there is no cost difference in producing or transporting the chips, the Japanese producers would be practicing

In the market for gasoline, an increase in the federal excise tax on gasoline would shift the supply curve up

Indicate whether the statement is true or false

What differentiates a savings deposit from a small-denomination certificate of deposit (CD)?

A. A savings deposit cannot be withdrawn before its maturity date without incurring a penalty; funds in a CD are available at any time with no interest penalty. B. A CD has a fixed maturity date; a savings deposit can be withdrawn at any time. C. All depository institutions accept savings deposits, whereas only a thrift institution can issue a CD. D. Only a savings deposit is a time deposit.