The mobility of _____ means that in the _____ it can be used for consumption, thus the burden of most corporate income taxes will be borne by the customers of a firm

a. labor; long run
b. labor; short run
c. capital; long run
d. capital; short run

c

Economics

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A vertical aggregate supply curve favors which of the following policies?

A. Discretionary policy B. Fiscal policy C. The Fed's eclecticism D. Fixed rules

Economics

A reaction function is

A) companies colluding in order to make higher than competitive rates of return. B) the manner in which one oligopolist reacts to a change in price made by another oligopolist in the industry. C) a game in which firms will not negotiate in any way. D) when plans made by firms are known as game strategies.

Economics