The 12 regional Fed banks do not:

Suppose the government imposes a 25-cent tax on the buyers of incandescent light bulbs. Which of the following is not correct? The tax would

a. shift the demand curve downward by 25 cents. b. lower the equilibrium price by 25 cents. c. reduce the equilibrium quantity. d. discourage market activity.

Cleanup of Superfund sites is currently funded by

a. a tax on petroleum b. annual appropriations by Congress c. a corporate environmental income tax d. monies appropriated under the American Recovery and Reinvestment Act e. all of the above f. (b) and (d) only