The National Football League has long-term leases with the stadiums in major cities. Control of these stadiums is an entry barrier to a potential new football league

Indicate whether the statement is true or false

TRUE

Economics

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The buyers pay all of a tax when the demand is

A) perfectly elastic. B) more elastic than the supply. C) more inelastic than the supply. D) unit elastic. E) perfectly inelastic.

Economics

Which of the following is a leakage?

A. Government spending. B. Investment. C. Aggregate demand. D. Imports.

Economics