Any point inside a production possibilities curve indicates that the economy is using all its available resources and technology

The government proposes a tax on halogen light bulbs. Sellers will bear the entire burden of the tax if the

A) demand curve is downward sloping and the supply curve is upward sloping. B) demand curve for halogen bulbs is horizontal. C) demand curve for halogen bulbs is vertical. D) supply curve of halogen bulbs is horizontal.

Savers who do not want to research the credit-worthiness of borrowers take advantage of ________ finance, where risk is ________

A) direct, spread B) direct, concentrated C) indirect, spread D) indirect, concentrated