An expected tax cut will tend to cause
A) an increase in stock prices.
B) a reduction in stock prices.
C) no change in stock prices.
D) an ambiguous effect on stock prices.
C
Economics
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A Nash equilibrium occurs when
A) players choose their best strategy given the strategies chosen by others. B) the efficient allocation of resources is achieved by setting marginal revenue equal to marginal cost. C) a monopolist is forced to produce the efficient level of output. D) oligopolists cooperate with each other.
Economics
When resources are used efficiently, you can produce more of one good, ceteris paribus, only by: a. printing more money
b. charging a lower price for output. c. charging a higher price for output. d. producing less of another good.
Economics