When pollution emissions can be measured, taxation will tend to be more effective than any other method of controlling pollution.
Answer the following statement true (T) or false (F)
True
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The financial account is defined as
A) the value of the country's net sales of assets. B) the sum of net exports, net income received from investments abroad, and net transfers abroad. C) the sum of gross income received from investments abroad and as net transfers abroad. D) net transfers abroad.
What is monetary policy?
What will be an ideal response?
The quantity demanded of money is
A) inversely related to the interest rate. B) directly related to the interest rate. C) inversely related to the general price level. D) inversely related to GDP. E) a, c, and d
Why do policymakers have the goal of stable prices?
a. Stables prices always keep the economy in expansion b. Firms make too much money when prices are rising c. Inflation is always associated with wars d. Inflation imposes costs on society e. Inflation is always associated with trade deficits