Which of the following allows the greatest value to be generated with a given amount of pollution?
a. Pollution tax
b. Regulatory guidelines
c. Compliance standards
d. Pollution rights
d
Economics
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The account that records a nation's foreign economic transactions is called the
a. trade account. b. T account. c. exchange market. d. balance of payments.
Economics
If average fixed costs equal $60 and average total costs equal $120 when output is 100, the total variable cost must be:
a. $40. b. $60. c. $6,000. d. $8,000.
Economics
Explain whether or not the ability-to-pay principle of tax equity is consistent with the benefits received principle of taxation
Economics
When people believe murder is a more common cause of death than stomach cancer is, it illustrates the:
A. Confirmation bias B. Framing effect C. Hindsight bias D. Availability heuristic
Economics