Following Questions:

From the standpoint of efficiency, imposing a tax on the income from what type of resource is best because it creates the least inefficiency? O A. a resource with a perfectly elastic supply O B. a rosource that earns a low reward O C. a resource with a fixed supply () D. a resource with a porfolly elastic demand O E. a resource that cams a high rewardNext > Bill raising federal minimum wage to $15 heads to U.S. House floor Increase The bill to gradually raise the todoral minimum wage to $15 from $7.25 by 2024 has cleared a legislative hurdle that eight xPI bots it up for a vote by the House of Roprosentatives in the coming wooks. Souren; National Public Radio, March 8, 2010 Wage-.. What will be the oflects of a $15 an hour minimum wage? If the minimum wage rate of $15 is above the equilibrium wage rate, then gotting the minimum wage al $15 an hour A incroato unemployment and create a deadweight loss (0) B. increase employment and olminato any deadwe oh! loss t to.m Q C. minimize the resources used in job search O D. create an officiant labor market trait O E. increase the number of low stalled jobs available With a $15 minimum wargo. Tum Q A all workers and businesses gain elr job... B. only small businesses lose O C. all workers gain O D. all employers and workers loso O E. employers lose and workers who can't find jobs lose. Workers who find jobs gainEqual opportunity but unequal results O A. occurs only if the state fails to establish and protect private property rights. Q B. occurs only when the economy is not producing at the allocation efficient point on the PPF. O C. cannot occur if all exchange is voluntary. O D. means that the outcome is definitely not fair. O E. can occur under the fair-rules view of faimess.If the government takes over the distribution of some scarce good in a time of a natural disaster and provides the good at no charge to users, what must also be done? xpi O A. Everyone hurt in the natural disaster must get one of the goods. keep O B. The government must produce the good itself. O C. Some rationing mechanism must be set up to determine who gets the good. O D. Because we live in a democracy, the government must use majority rule as the rationing mechanism. O E, nothing nd upWhich of the following explains why supply is more elastic as more time passes? O A. Sellers try to take advantage of a high price in the short term. B. Consumers have more time to search for substitutes. O' C. The supply curve becomes generally steeper as more time passes. O D. It is difficult or impossible to increase the quantity produced in a short period of time. O E. There is no explanation for this phenomenon