The European Union established a cap-and-trade system which was designed to
A) eliminate air pollution and greenhouse gases by the year 2020.
B) reduce carbon dioxide emissions.
C) remove all taxes from polluting industries.
D) provide fast growing developing countries with the technology to reduce their carbon emissions.
B
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Assume there are three players in a game, Tom, Dick, and Harry, and all three want to meet up at either at the Library or the Student Union, no player knows with certainty where the other two will go, and they will consider their mission a failure if
all three do not meet at the same location. Use a series of "if-then" statements to describe Tom's ideal strategies based on the possible choices of Dick and Harry. Explain if Tom has a dominant strategy?
Some people like blue jeans that fit tightly, and some prefer blue jeans with some give. These preferences for small differences in the same kind of product create opportunities for _______________ among the companies that produce them.
a. monopolies b. monopolistic competition c. perfect competition d. price fixing
Given the following sectoral trade data, in which case is the level of intra-industry trade in country A different from that in country B?
a) In A, X = 10, M = 5; in B, X = 20, M = 10 b) In A, X = 7, M = 3; in B, X = 3, M = 7 c) In A, X = 3, M = 2; in B, X = 6, M = 9 d) In A, X = 6, M = 8; in B, X = 4, M = 3 e) In A, X = 12, M = 9; in B, X = 12, M = 15
Which of the following statements regarding the Affordable Care Act (ACA) is true?
A. The ACA could have negative employment effects as some firms will not expand above having 50 workers in order to avoid the mandate. B. The ACA should not be viewed as an employer-provided benefit as the ACA is a federal mandate. C. Prior to the passage of the ACA, over 100 million (more than one-third) of Americans did not have health insurance. D. The ACA will likely lead to an increase in wages. E. All of the statements are true.