For a ________, increasing the equilibrium ________ in the retail market is the key to successful use of resale price maintenance.

What best describes US federal fiscal experience in the late 1920s and early 1930s?

a. Revenues collected increased rapidly through the period. b. A balanced budget was maintained for most of the Depression. c. Tax rates were consistently lowered to spur economic growth. d. Expenditures grew by over 300% from 1927 to 1940.

If a decrease in the price of a good causes a rightward shift of the demand curve for that good, then it is an inferior good

a. True b. False