Generating electricity creates air pollution. This industry, if left unregulated, will produce
A) more than the efficient level of output.
B) the efficient level of output.
C) less than the efficient level of output.
D) sometimes more and sometimes less than the efficient level of output.
A
You might also like to view...
Transfer payments include:
a. government spending on tanks and planes. b. government spending on national forests and parks. c. the salaries of senators and federal judges. d. welfare benefits and Social Security payments.
Potential problems with incentive based compensation are
a. not evaluating the relevant performance measures b. rewarding outcomes that are not include in the performance evaluation c. not funding rewards for meeting performance measures d. all of the above
Several countries in the world have failed to “converge” with industrialized countries. What does this mean about their economic growth rates? Explain why poorer countries have failed to "catch up," in terms of the pillars of economic growth. Are there any special problems facing these countries?
What will be an ideal response?
Most economists believe that the poor economic performance of countries located in tropical areas is primarily the result of
What will be an ideal response?