Since almost all forms of transportation produce some type of pollution,
a. the government should ban all transportation.
b. the government should ban all pollution.
c. society has to weigh the cost and benefits when deciding how much pollution to allow.
d. refrain from intervening because the market can best solve this problem.
c
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Suppose a nation opens up to free trade and becomes an exporter of goods. Which of the following is then true?
A) The nation as a whole suffers losses. B) Sellers lose. C) Buyers lose. D) Buyers gain.
The idea that anticipated monetary policy changes cannot affect real GDP or employment is known as
A) the systematic policy hypothesis. B) the policy irrelevance theorem. C) the policy relevance theorem. D) the Keynesian hypothesis.
In the IO perspective, it is important to enter an industry with
a. High barriers to entry b. Low buyer power c. Low supplier power d. All of the above
(Consider This) The PPACA was intended to expand health care coverage to all Americans. Which of the following was not one of problems with the law in terms of that goal?
A. Firms avoided the employer mandate by cutting worker hours to part-time status. B. Insurance providers are allowed to deny coverage to those with preexisting conditions. C. Many poor workers were ineligible to receive the subsidies necessary to help them fulfill the personal mandate. D. States declined to set up the insurance exchanges specified in the act.