For which of the following environmental pollutions would we expect that an inverted-U relationship would exist between environmental harm and per capita income?
A. Lead pollution in water
B. Sulfur dioxide in air
C. Airborne heavy particles
D. Carbon dioxide emissions
Answer: B
You might also like to view...
Maria Brown is a young tennis player who has shot to fame after defeating Sarah Knowels in three consecutive matches. In the fourth match, Sarah decided to serve left each time. Is this an optimal winning strategy for Sarah?
What will be an ideal response?
The Fed's dual mandate is to pursue the goals of
A) high employment and price stability. B) interest rate stability and financial market stability. C) rapid economic growth and low inflation. D) interest rate stability and a balanced budget.
The real interest rate measures the change in dollar amounts
a. True b. False Indicate whether the statement is true or false
Paul Romer's theory on the importance of knowledge differs from traditional theory in that Romer
A. argues, that an investment-knowledge cycle exists which requires that investment rates keep increasing or else growth rates will fall, while traditional theory argues that growth rates will not fall, although they will not increase either. B. emphasizes investment rates while traditional theory emphasizes the importance of knowledge as a factor of production. C. argues, that investment is not important in promoting growth, but that the acquisition of knowledge is the sole determinant of economic growth. D. argues that an investment-knowledge cycle allows a once-and-for-all increase in investment to permanently raise a country's growth rate, while traditional theory argues that a once-and-for-all increase in investment leads to a higher standard of living but not to a higher growth rate.