Since the passage of the International Banking Act of 1978, the competitive advantage enjoyed by foreign banks in the U.S. has been

If a tax is levied on the sellers of a product, then the supply curve will

A. shift up. B. become flatter. C. shift down. D. not shift.

An accountant may amortize the expense of a durable good by dividing the total amount spent on the good by the number of years the good is expected to last

An economist may amortize the expense of a durable and never fully account for the total expense. Indicate whether the statement is true or false