The major difficulty with using a tax on pollution instead of a fixed percentage reduction regulation is:
A. that it only works in theory.
B. that it would cause prices to rise.
C. that firms would not pay the tax.
D. establishing the optimal size of the tax.
Answer: D
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Legal immigration into the U.S. can be done through the following ways, except:
A. Annual immigration quotas B. Refugee program C. H1-B provision D. Tourism visas
When female/male earnings differentials are adjusted for age, education, language, and locational characteristics, the
a. differential between the earnings of males and those of females increases substantially. b. differential between the earnings of males and those of females does not change much. c. corrected earnings of males are equal to those of similar females. d. corrected earnings of females are greater than those of similar males.
If your neighbors remove the weeds in their yard and this activity prevents weed seeds from blowing into your yard, the benefit you receive is a public good.
Answer the following statement true (T) or false (F)
Suppose earnings are given by E = $60 + $7(24 ? L), where E is earnings and L is the hours of leisure. How much is this person working if her daily earnings are $116?
A. 12 hours B. 18 hours C. 16 hours D. 8 hours