The personal income tax varies as GDP changes

A movie theater can increase its profits through price discrimination by charging a higher price to adults and a lower price to children if

a. adults buy more popcorn than children. b. the cost of showing a movie to children is less than the cost of showing a movie to adults. c. it has some degree of monopoly-pricing power. d. All of the above are correct.

The federal funds rate is

A. the interest rate on bonds issued by the federal government. B. the interest rate paid on reserves held with the Fed. C. the interest rate at which banks can borrow excess reserves from other banks. D. none of these.