Command-and-control policies:
A. allow a low-cost firm to abate more pollution.
B. encourage firms to develop more efficient abatement technologies.
C. usually result in relatively low compliance costs.
D. allow us to predict the total amount of pollution that will be discharged.
Answer: D
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a. True b. False Indicate whether the statement is true or false
The largest free trade area in the world currently is
a. South America b. Europe c. Australia d. Africa e. North America
There is evidence that the presence of unions in a labor market:
A. has no effect on the wages of non-union wage earners in the same market. B. can push wages up for non-union wage earners in the same market. C. can keep wages low for non-union wage earners in the same market. D. has an identical effect on the wages of union and non-union wage earners in the same market.
? A decrease in nominal incomes cause a:
A. ?rightward shift in the short-run aggregate supply curve. B. ?leftward shift in the short-run aggregate supply curve. C. ?rightward shift in the long-run aggregate supply curve. D. ?leftward shift in the long-run aggregate supply curve.