A tax is imposed on wine. Sellers will bear the full burden of this tax if the:
a. demand for wine is perfectly inelastic

b. price elasticity of demand for wine equals 1.0.
c. demand for wine is unit elastic.
d. supply for wine is perfectly inelastic.

d

Economics

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Which of the following policy measures prohibited compliance officers from being involved in producing or selling credit ratings?

A) the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 B) Sarbanes-Oxley Act of 2002 C) Global Legal Settlement of 2002 D) Gramm-Leach-Bliley Act of 1999 E) Riegle-Neal Act of 1994

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As of the end of 1994, which of the countries in our survey had the largest proportion of stock held by individuals?

A) The United Kingdom B) The United States C) Japan D) Germany

Economics