If the domestic quantity supplied of a good is greater than the domestic quantity demanded, the country is likely to be a(n)

A corporation acquires new funds only when its securities are sold in the

A) primary market by an investment bank. B) primary market by a stock exchange broker. C) secondary market by a securities dealer. D) secondary market by a commercial bank.

Suppose x is an inferior good. Then we will overestimate the deadweight loss from taxes on consumption good x if we use the uncompensated demand curve rather than the marginal willingness to pay (or compensated demand) curve.

Answer the following statement true (T) or false (F)