A company town in the lumber or mining industry is an example of a
A) monopoly.
B) bilateral monopoly.
C) buyer's monopoly.
D) monopsony.
D
Economics
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Banks are not allowed to hold reserves in excess of those required by law
a. True b. False
Economics
In order to determine tax incidence, one must
a. consider issues of equity. b. also determine the legal liability of the tax. c. evaluate where the tax burden eventually falls. d. use the "flypaper theory" of taxation.
Economics