In the FOMC's "Statement on Long-Run Goals and Monetary Policy Strategy,"the FOMC agreed to a single numerical value of the inflation objective, 2% on the ________

Which of the following would likely cause the greatest deadweight loss?

a. a tax on cigarettes b. a tax on salt c. a tax on cruise line tickets d. a tax on gasoline

When buying a car from a dealership, to get the best bargain

a. Allow the dealership to make the first offer b. Keep a cushion of bargaining space in the quoted price c. Make a take it or leave it offer d. All of the above