If penalties are imposed only on buyers (but not on sellers) of marijuana, the equilibrium price of marijuana ________, and the equilibrium quantity of marijuana sold ________
A) rise; increase
B) rise; decrease
C) fall; increase
D) fall; decrease
D
Economics
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The above table gives the market demand and market supply schedules for soda. What is the minimum price that producers are willing to accept for the 400th can of soda?
A) $0.40 per can B) $0.50 per can C) $0.60 per can D) $0.70 per can
Economics
The Federal Reserve System was established by the Federal Reserve Act of
A. 1913. B. 1945. C. 1955. D. 1933.
Economics