U.S. public policy discourages saving because
a. other things the same, taxes increase the return from savings.
b. means tested programs such as Medicaid provide lower benefits to those who did not save.
c. none of parents' bequest to their children is taxed.
d. some forms of capital income are taxed twice.
d
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What would be an example of a consumption good?
A) Donald Trump purchases furniture for his office. B) Antonio, the manager of the local Taco Hut, purchases a new deep fryer. C) Jake buys an iPhone. D) The local driver's license office purchases a new digital camera and printer. E) Rhianna gets a haircut.
The conditions in which vertical relationships can enhance a firm's ability to price discriminate include
a. the manufacturer's product is of value to just one type of customer b. the costs of arbitraging the price difference across markets is large c. the manufacturer acquires the distributer in the lower priced market d. competition provides little ability for the manufacturer to price above marginal cost