Many colleges have decided to ban the use of halogen lamps because they are deemed to be a fire hazard. This is an example of which type of solution?
a. creating new property forms
b. levying a pollution compensation tax
c. creating obligatory controls
d. bubble concept, similar to emission standards
e. free market efficiency
C
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If the total assets of a bank equals $50,000 and the total liabilities of the bank equal $20,000, stockholders' equity will equal:
A) $50,000. B) $70,000. C) $30,000. D) $20,000.
With collective action problems, individual trade-offs are different than the trade-offs for society as a whole
Indicate whether the statement is true or false
Which of the following provides the most secure protection for a firm with monopoly power?
a. quality advertising b. legal barriers restricting entry into the market of the monopolist c. predatory pricing d. limited economies of scale
If the real exchange rate for the dollar is below the equilibrium level, the quantity of dollars supplied in the market for foreign-currency exchange is
a. less than the quantity demanded and the dollar will appreciate. b. less than the quantity demanded and the dollar will depreciate. c. greater than the quantity demanded and the dollar will appreciate. d. greater than the quantity demanded and the dollar will depreciate.