What is the major reason for oil price to go up in the 1970s?
A) formation of the OPEC
B) fast of growth of emerging economies
C) new energy
D) higher demand from the US
A
Economics
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In what type of analysis could an increase in the tax rate lead to a decrease in tax revenues?
A. ad valorem taxation B. dynamic tax analysis C. static tax analysis D. excise taxation
Economics
It would be impossible for members of the fast-food industry to collude to fix prices because
A) there are too many fast-food firms in the market. B) collusion is illegal. C) there are not enough fast-food firms in the market. D) the price of fast-food is too low. E) demanders would not buy from firms that collude.
Economics