School vouchers are
A. provided by the government.
B. provided by private organizations.
C. public funds to be used for private tuition.
D. all of these answer options are correct.
D. all of these answer options are correct.
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The figure above shows the market for the chemical hydrogen sulfide, the production of which creates an external cost
If the government assesses the marginal external cost correctly, what is the amount of the pollution tax that eliminates the inefficiency? A) $2 per pound B) $3 per pound C) $4 per pound D) $1 per pound E) None of the above answers is correct.
Next year's expected price of oil is $88 per barrel and the interest rate is 10 percent per year. According to the Hotelling Principle the price of oil this year is
A) $80 per barrel. B) $88 per barrel. C) $96 per barrel. D) None of the above answer is correct.
Based on the graphs showing price discrimination in movie ticket prices, regardless of which price is charged, the evening movie will generate______ than the matinee.
a. more total revenue than
b. the same total revenue as
c. less total revenue than
d. more variable revenue than
An increase in interest rates is likely to cause
A) firms and households to increase the quantity of money demanded. B) firms and households to decrease the quantity of money demanded. C) the money demand curve to shift to the right. D) the money demand curve to shift to the left.