Which United States President is most closely linked with "The Great Society"?

If the government wants to generate large revenues from placing a tax on the consumption of a particular good, it should choose a good for which

a. the demand is price elastic b. the demand is unitary elastic c. the demand is price inelastic d. there are many good substitutes available for the good

What is the term that describes a situation in which one party to an economic transaction has less information than the other party?

A) inefficient market hypothesis B) asymmetric information C) unequal market structure D) monopsony