Data on per capita energy use in the United States since 1950 show that it has:

The demand curve for pizza in Foodieland is vertical. If a tax is imposed on each pizza bought, ________

A) the burden of the tax will fall entirely on the buyers B) the burden of the tax will fall entirely on the sellers C) the tax incidence on the sellers will be higher than that on the buyers D) the deadweight loss due to taxation will be large

The Federal Reserve float is

A) items in process of collection - deferred credit items. B) items in process of collection + deferred credit items. C) deferred credit items - items in process of collection. D) deferred credit items + items in process of collection.