Among the liabilities of commercial banks are deposits.

In the above table, which tax plan is progressive?

A) only plan A B) only plan B C) only plan C D) both plan B and plan C

If a profit-maximizing monopolistic competitor earns positive economic profits in the short run: a. demand will become increasingly inelastic as new firms enter. b. the firm should increase its output as new firms enter

c. there must be barriers to entry into the industry. d. new firms will be attracted to the industry. e. both b. and d. are correct.