Which of the following statements is correct?
a. Gasoline taxes are an example of an EPA regulation.
b. Gasoline taxes are higher in many European countries than in the United States.
c. Gasoline taxes contribute to global warming.
d. Gasoline taxes are an example of a command-and-control policy.
b
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Which of the following policy measures prohibited compliance officers from being involved in producing or selling credit ratings?
A) the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 B) Sarbanes-Oxley Act of 2002 C) Global Legal Settlement of 2002 D) Gramm-Leach-Bliley Act of 1999 E) Riegle-Neal Act of 1994
Agreeing to take a drug test offered by a potential employer is a method of:
A. signaling. B. screening. C. statistical discrimination. D. building a reputation.
Demand sensitivity depends on all of the following except:
a. how low is the price of the good. b. the sensitivity of firms' output to changes in its price. c. the consumer's income. d. the availability and closeness of substitutes. e. the amount of time a consumer has to adjust to price changes.
The accompanying table below shows the relationship between the number of times you get your car washed each month and your total monthly benefit from car washes. Each car wash costs $15. Number of Car Washes Per MonthTotal Monthly Benefit from Car Washes0$01$202$363$484$565$60 What is the marginal benefit of the 3rd car wash each month?
A. $4 B. $12 C. $48 D. $16