If the exchange rate is .60 British pounds = $1, a bottle of ale that costs 3 pounds costs

If on-the-job training provides general job skills:

a. the employer will never provide such training. b. the employer will always provide such training. c. the employer may provide such training if it increases workers' wages. d. the employer may provide such training if workers accept a lower wage.

Which of the following is a difference between taxing buyers and taxing sellers?

a. Taxing buyers results in a decrease in equilibrium quantity, whereas taxing sellers results in an increase in equilibrium quantity. b. Taxing buyers results in an increase in equilibrium quantity, whereas taxing sellers results in a decrease in equilibrium quantity. c. Taxing buyers results in a decrease in equilibrium price, whereas taxing sellers results in an increase in equilibrium price. d. Taxing buyers results in an increase in equilibrium price, whereas taxing sellers results in a decrease in equilibrium price.