Which basic approach to environment policy may be the only workable solution in brief but serious emergencies that do not allow for time to plan and enact a systematic program?
A. Taxes on pollution
B. Voluntary compliance
C. Tradable emissions permits
D. Direct controls like legal ceilings
Answer: B
Economics
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The value of the multiplier increases when the MPC increases
Indicate whether the statement is true or false
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When the production possibilities curve is a straight line, the opportunity cost of producing more of one good must be equal to the opportunity costs of producing more of the other good
Indicate whether the statement is true or false
Economics
The capital markets can be divided into two broad categories:
What will be an ideal response?
Economics
David Ricardo's model, which provided an explanation of why nations trade, was based on:
a. labor productivity. b. technology. c. population. d. government control
Economics