Sumptuary taxes are often justified on the grounds that _____
a. bad activities should be discouraged
b. the rich should pay more
c. the poor should pay less
d. merit goods need encouragement
a
Economics
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Repealing Regulation Q still left savings-and-loan associations with a problem: most of their __________ were still at __________ interest rates
A) assets; low B) assets; high C) deposits; low D) deposits; high
Economics
Which of the following conditions is characteristic of a monopolistically competitive firm in short-run equilibrium?
a. P = AR b. MR = MC c. P > MC d. All of the above are correct.
Economics