A cap-and-trade policy
A. has a set number of permits.
B. allows polluters to trade permits.
C. caps the total level of pollution allowed.
D. all of these answer options are correct.
D. all of these answer options are correct.
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Free riding is not a problem in the market for a private good because
A) people who do not pay for the good can be excluded from consumption. B) the good is a rival good. C) the market eliminates the problem of externalities. D) The question errs because free riding is a problem in providing private goods.
The GI Bill provided educational opportunities to many young men returning from military service. Using a production possibilities curve, demonstrate how the GI Bill affected economic growth and explain your answer
Changes in nominal variables are determined mostly by the quantity of money and the monetary system according to
a. both the classical dichotomy and the quantity theory of money. b. the classical dichotomy, but not the quantity theory of money. c. the quantity theory of money, but not the classical dichotomy. d. neither the classical dichotomy nor the quantity theory of money.
Each of the following were created under the New Deal EXCEPT
A. Social Security. B. the Federal Deposit Insurance Corporation (FDIC). C. the Securities and Exchange Commission (SEC). D. food stamps.