During the Great Recession of 2008, which of the following corporations generated the greatest profits?
A. Walmart
B. Exxon
C. Microsoft
D. General Motors
B. Exxon
Economics
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If quantity of milk is measured on the horizontal axis and quantity of juice is measured on the vertical axis, a decrease in the price of milk will cause the budget constraint to:
A) pivot rightward along the vertical axis. B) pivot rightward along the horizontal axis. C) shift to the left. D) shift to the right.
Economics
If buyers were required to pay the federal excise tax on gasoline directly to the government, the demand curve for gasoline would shift up
Indicate whether the statement is true or false
Economics