A carbon tax placed on coal will:
A. shift the supply curve for coal to the right.
B. shift the supply curve for coal to the left.
C. not affect the supply curve for coal.
D. decrease the demand for coal.
Answer: B
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If the U.S. trade deficit was reduced in a rush, what would be a possible result?
a. decreasing inflation and increasing unemployment b. increasing inflation and decreasing unemployment c increasing inflation and increasing unemployment d. decreasing inflation and decreasing unemployment
Every citizen in the United States should be required to become licensed to carry a firearm for the sake of protection. This statement is best described as
A. a positive statement. B. an implication of an efficient market. C. a normative statement. D. a marginal statement.
Exchange of developing country debt (at a discount) for private ownership of state-owned assets is called
(a) debt-equity swaps. (b) debt restructuring. (c) the Brady Plan. (d) debt-nature swaps.
The largest share of demand for loanable funds comes from the government that wants to borrow money for deficit financing
a. True b. False Indicate whether the statement is true or false