Which president failed to renew the charter of the Second Bank of the United States?

How does Professor Tabarrok describe a situation in which someone receives a gift that they don't value?

A. The incentive problem B. Negative trade C. The knowledge problem D. Negative charity

Refer to Figure 3-1. If the product represented is an inferior good, an increase in income would be represented by a movement from

A) A to B. B) B to A. C) D1 to D2. D) D2 to D1.