Canada has a single-payer health care system in which the government provides national health insurance to all Canadian residents

Refer to Figure 18-2. If the government imposes an excise tax of $1.00 on every unit sold, the producer's burden of the tax

A) is Pa - Pd under either supply curve. B) is Pa - Pd if the supply curve is S0 and Pb - Pe if the supply curve is S1. C) is Pc - Pd if the supply curve is S0 and Pc - Pe if the supply curve is S1. D) is Pb - Pe under either supply curve.

Which of the following appears as an asset on the Federal Reserve's balance sheet?

A) Capital accounts B) U.S. Treasury deposits C) U.S. government securities held under repurchase agreements D) Federal Reserve notes outstanding