The European Union Emission Trading Scheme is an example of:
a. a pollution tax.
b. a pollution subsidy.
c. a command approach.
d. cap and trade.
e. enforcing private property rights.
d
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Most of the state and local government employees are in what area?
A. Education B. Highways C. Health care D. Administration
In the figure above, which of the following is true?
i. Governments coordinate economic activities of households and firms. ii. Governments buy goods and services in goods markets. iii. Households pay taxes directly to firms. A) i and ii B) only i C) only iii D) ii and iii E) only ii
A permanent decrease in demand definitely
A) shifts a firm's average total cost curve downward. B) creates diseconomies for individual firms. C) lowers the market price. D) decreases the number of firms in the industry. E) shifts a firm's average total cost curve upward.
Explain the ways in which the government can persuade private businesses to invest more in order to speed up the process of capital formation?
What will be an ideal response?