Outlawing the sale of a good shifts the supply curve

A) leftward and lowers the price.
B) leftward and raises the price.
C) rightward and lowers the price.
D) rightward and raises the price.

B

Economics

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List three reasons why oligopolies are considered to be inefficient

What will be an ideal response?

Economics

Sustained federal deficits tend, other things the same, ________

A) to decrease income inequality in the United States B) to decrease income inequality in Europe but not the United States C) to increase income inequality in the United States D) have little effect on the distribution of income in market economies

Economics