If the government wanted a tax to raise a great deal of revenue but not burden producers much, it would want to tax an industry with
a. elastic supply and demand curves.
b. inelastic supply and demand curves.
c. inelastic supply and elastic demand.
d. elastic supply and inelastic demand.
d
Economics
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Which of the following financial institutions went bankrupt as a result of the financial crisis that began in 2008?
A) Lehman Brothers B) Bank of America C) Citigroup D) JP Morgan
Economics
If a project's only risk is diversifiable,
A) only half the risk premium should be added to the discount rate. B) only half the risk premium should be subtracted from the discount rate. C) the risk premium should be added to the discount rate. D) the risk premium should be subtracted from the discount rate. E) no risk premium should be attached to the discount rate.
Economics