Which of the following companies would benefit the most from a carbon tax?
A. A trucking company
B. A coal mining equipment manufacturer
C. A producer of wind turbines
D. An oil company
Answer: C
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Skin cancer creates a public health externality
a. True b. False
Exporting a good at a price below its cost of production is defined as
a. efficiency b. dumping c. diversification d. retaliation e. tariffs
Which of the following statements is true of fiat money? a. Fiat money has to be backed by gold assets
b. Fiat money is not backed by any valuable asset. c. The intrinsic value of fiat money should always exceed its extrinsic value. d. The intrinsic value of fiat money should always be equal to its extrinsic value.
The federal government gets _____ of its tax revenue from direct taxes.
A. all B. nearly all C. about half D. less than half