Savings and loan regulators allowed S&Ls to include in their capital calculations a high value for intangible capital called

Refer to the scenario above. Which family pays the lowest percentage of its income as taxes if the government follows a progressive tax system?

A) The first household B) The second household C) The third household D) The fourth household

An increase in demand for a product and a reduction in the costs of production would: a. increase the equilibrium quantity and increase the equilibrium price

b. increase the equilibrium quantity and decrease the equilibrium price. c. increase the equilibrium quantity and cause an indeterminate change in the equilibrium price. d. decrease the equilibrium quantity and cause an indeterminate change in the equilibrium price.