While everyone wants a clean environment, it can be very hard to achieve. An approach governments could take to promote that outcome is to:
A. create social norms.
B. create and enforce strict laws and heavy fines.
C. influence individual's incentives.
D. All of these are ways governments can get the "green" behavior they want.
D. All of these are ways governments can get the "green" behavior they want.
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An increase in the price level in the United States will reduce exports and increase imports
Indicate whether the statement is true or false
Explain how efficiency wages, labor unions, and minimum wage laws affect labor markets
What will be an ideal response?
The efficient transfer price is
a. the upstream division's average cost b. the upstream division's marginal cost c. the downstream division's average cost d. the downstream division's marginal cost
Data on trade barriers, income levels, and the growth of per capita GDP indicate that
a. there is no link between trade restrictions and either the per capita income levels or growth rates of economies. b. countries that impose high trade restrictions have both high income levels and rapid rates of economic growth. c. countries that impose high trade restrictions have low income levels, but they have been growing rapidly in recent decades. d. countries that have lower trade restrictions have both higher income levels and more rapid rates of economic growth than those with high trade barriers.