Some states exclude necessities, such as food and clothing, from their sales tax. other states do not. excluding food and clothing from sales tax isequitable because the poor tend to spend a such as food and clothing. portion of their income on necessities true or falseexcluding food and clothing from the sales tax is more efficient because the demand for these items is relatively inelastic. true or false

Which of the following actions is most likely to result in a decrease in the money supply? a. the discount rate on overnight loans is lowered. b. the government sells a new batch of treasury bonds. c. the federal reserve bank buys treasury bonds. d. the required reserve ratio for banks is decreased. 2b2t

In microeconomics, the point at which supply and demand meet is called the blank price

Amanager of a store that sells and installs spas wants to prepare a forecast for january and june of next year. her forecasts are a combination of trend and seasonality. she uses the following equation to estimate the trend component of monthly demand: ft = 30+5t, where t = 1 in january of this year. seasonal relatives are 0.60 for january and 1.50 for june. what demands should she predict for january and june of next year