The supply of meat is more elastic in the long run than in the short run. Ceteris paribus, as time goes by, the burden of a tax on cattle will be increasingly be shouldered by the:

Advertising that has the fine print "professional driver on a closed course,"

A) is likely engaged in persuasive advertising. B) is likely engaged in informative advertising. C) is likely engaged in strategic advertising. D) is likely engaged in false advertising.

If you deposit $8,000 in a bank, calculate how much the bank must keep as required reserves and how much it can loan out if the required reserve ratio was 5 percent. If it was 8 percent? 13 percent? 26 percent?