A nondiscriminating pure monopoly is generally viewed as being ________.
A. productively efficient, but not allocatively efficient
B. both productively and allocatively efficient
C. allocatively efficient, but not productively efficient
D. neither productively nor allocatively efficient
Answer: D
Economics
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A) national saving is negative. B) household but not business saving must pay for the deficit. C) part of household and business saving finances the deficit. D) national saving cannot fund investment.
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Sales taxes are
A) assessed on the prices paid on a large set of goods and services. B) levied on purchases of a particular good or service. C) based on each individual taxpayer's income level. D) collected only by the U.S. government.
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