Blacks and whites go into the education system more equal than they come out
Indicate whether the statement is true or false
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The socially optimal amount of pollution is
A) zero. B) greater than zero. C) indeterminant. D) unattainable.
If a one percent change in the price of oil causes a 0.02 percent change in the quantity demanded of oil, then 0.02 is the
A. price elasticity of demand. B. price elasticity of supply. C. cross-price elasticity of demand. D. income elasticity of demand.
The maximum price pipelines can charge for distributing gas:
a. is determined in a monopolistic market. b. depends on the market demand and supply. c. is set by the federal government. d. is always above the legal minimum.
During the second Bush administration, environmental fines and prosecutions
a. increased rapidly. b. declined significantly. c. grew with the rate of inflation. d. declined slightly from earlier levels.