The relative tax burden borne by buyers and sellers is called the:

A. tax wedge.
B. tax incidence.
C. tax revenue.
D. real tax.

B. tax incidence.

Economics

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An example of a horizontal merger would be a merger between firms

A) approximately the same size. B) growing at approximately the same rate. C) located in the same geographic area. D) selling approximately the same products. E) supplying one another with inputs.

Economics

Which of the people or institutions listed exercises the most power over the quantity of money in the United States economy?

A) The United States Treasury Departmen B) The United States Congres C) The United States Federal Reserve D) Fort Knox E) Warren Buffet F) The President of the United States G) The United States Supreme Court

Economics