The tax revenue received by a government from a sales tax is larger if demand is relatively more elastic
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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An arrangement in which Kathleen sells some of her barley when it is planted, with the promise to deliver it and receive payment after it is harvested, is called
A) a savings contract. B) a deferred private bond. C) a futures contract. D) a commodity transfer.
Economics
In the aggregate expenditures model, if aggregate expenditures (AE) are less than GDP, then GDP increases
a. True b. False Indicate whether the statement is true or false
Economics