John started going for soccer matches after moving in with a roommate who is a huge fan of soccer. This is an example of a(n) ________

A decrease in the price of eggs from $1.50 to $1.30 per dozen resulted in an increase in egg purchases in two cities

In Philadelphia, daily egg purchases increased from 6000 to 8000 dozens; in nearby Dover, Delaware, daily egg purchases increased from 300 to 400 dozens. The price elasticity of demand is therefore A) lower in the smaller city as would be expected. B) greater in the smaller city as would be expected. C) certainly affected by population differences in different markets. D) the same in Philadelphia as in Dover.

What is the "inflation tax"?

A) the difference between nominal and real interest rates received on financial assets, due to inflation B) the fact that our tax system is based on nominal incomes and not real incomes, so that the government collects more taxes due to inflation alone C) the government obtaining goods in exchange for newly created high-powered money that does not add to the real value of private assets due to the resulting inflation D) the fact that greater government spending leaves fewer goods available to the private sector, thus lowering their prices.