One advantage of emissions permits is that they allow the government to choose the level of pollution reduction.

Answer the following statement true (T) or false (F)


True

Economics

You might also like to view...

In 1995, the CPI was 152.5 and the price of an economics textbook was $70.00 and a music CD was $16.00. If the CPI was 172.3 in 2011, what were the prices of the economics textbook and the music CD in 2011 dollars?

What will be an ideal response?

Economics

A consumer possesses five pounds of bananas and values their total utility at $2.14. If one additional pound is acquired and marginal utility is 11 cents, total utility will

A. rise to $2.25. B. fall to $2.03. C. stay the same. D. fall to $2.11.

Economics

Lower interest rates which reduce the debt-servicing burden of households, thus increasing their net worth, is best described by the

A) bank lending channel. B) money channel. C) financial market channel. D) balance sheet channel.

Economics

A profit-maximizing monopolist sets

a. her price where MC = MR. b. her output where MC = MR. c. Both a and b are correct. d. Neither a nor b is correct.

Economics