Emission permits allow producers to pollute an unspecified amount
a. True
b. False
Indicate whether the statement is true or false
False
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Explain monetary policy goals and discuss any goal conflicts in the long run and the short run
What will be an ideal response?
A cost that arises from the production or consumption that falls on someone other than the producer or consumer is called
A) a negative benefit. B) a public choice impact. C) a positive externality. D) a negative externality. E) a private good.
The figure above shows Clara's demand for CDs. If the price of a CD were to increase from $15 to $25, Clara's total consumer surplus for all the CDs she buys would
A) decrease by $40. B) remain unchanged. C) decrease by $90. D) increase by $80.
Elisa Kilhafer, a housewife in St. Louis, Missouri, who claims on a Bureau of Labor Statistics (BLS) survey that she is neither gainfully employed nor looking for work, is, according to the BLS:
a. considered retired. b. counted as unemployed. c. considered reemployable. d. counted as a member of the labor force. e. not counted as a member of the labor force.