The producers of externalities prefer _____ to _____
a. corrective taxation; regulation
b. regulation; subsidization
c. competition; subsidization
d. regulation; corrective taxation
d
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Most of what we buy and sell never makes it out of domestic markets
Indicate whether the statement is true or false
Other things constant, a decrease in nominal GDP will generally
a. increase the demand for money. b. decrease the demand for money. c. increase the nominal interest rate. d. decrease the money supply.
If average movie attendance is 250 million when prices are $9 a ticket and 200 million when prices are $11 a ticket, the elasticity of demand for movie tickets is about:
A. 1.1. B. 0.0. C. 1.8. D. 0.9.
An example of a policy aimed at economic development that would also indirectly impact poverty would be:
A. food stamps. B. earned income tax credit. C. public investments in education. D. All of these will cause economic growth and positively impact poverty.