Which of the following would likely increase private saving?

a. Both expansion of IRA type accounts and a consumption tax.
b. Expansion of IRA type accounts, but not a consumption tax.
c. A consumption tax, but not expansion of IRA type accounts.
d. Neither expansion of IRA type accounts nor a consumption tax.

a

Economics

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An oligopolistic industry is characterized by all of the following except

A) existence of entry barriers. B) the possibility of reaping long-run economic profits. C) firms pursuing aggressive business strategies, independent of rivals' strategies. D) production of standardized or differentiated products.

Economics

According to the law of supply, the quantity supplied is _____ related to price, other things constant.

A) inversely B) negatively C) directly D) indirectly E) never

Economics