Other factors held constant, a decrease in resource prices will shift the aggregate:

Suppose the market clearing price is $15 and the price ceiling is $17. The price that prevails in the market will be

A) $17. B) $15. C) less than $15. D) more than $17.

The benefits-received principle of taxation is most evident in:

a. progressive tax rates. b. excise taxes on gasoline. c. the personal income tax. d. the corporate income tax.