If people expect real estate prices to increase significantly, the ________ curve for bonds will shift to the ________, everything else held constant

Why is it unlikely that tax increases will be the way to eliminate current U.S. federal budget deficits?

A) The revenues generated by increasing taxes on the rich would only pay for a small portion of the federal budget deficit in any recent year. B) Increasing every worker's taxes by the same amount could eliminate the deficit, but it is likely this action would be viewed as too burdensome for workers with modest incomes. C) Since World War II, on average when taxes were increased by a dollar, federal government spending increased by that much and more. D) All of the above.

Many biologic drug manufacturers are pushing for patent protection to be extended to 12 years before generics are allowed to be introduced to the market. This reflects which of the following barriers to entry?

A) network externalities B) entry blocked by government action C) economies of scale creating a natural monopoly D) control of a key resource