Suppose a tax equal to the value of the external cost of producing car batteries is imposed by government on all car battery manufacturers. All of the following will result from the tax except
A) an increase in demand for car batteries.
B) a decrease in the market supply of car batteries.
C) an increase in the equilibrium price of car batteries.
D) a decrease in the equilibrium quantity of car batteries produced and consumed.
A
Economics
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When the expected dollar-euro exchange rates (E^e $/euro) rises, the foreign expected dollar return curve shifts
A) downward B) upward C) not at all D) not enough information is provided
Economics
The _____ aggregate supply curve assumed by classical economists means that the equilibrium level of _____ is determined only by the aggregate supply curve
a. vertical; output b. horizontal; price c. upward-sloping; price d. horizontal; output e. downward-sloping; price
Economics