Anyone can buy marketable pollution rights for sulfur dioxide, even environmentalists
a. True b. False
a
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Private insurance companies have been out of the flood insurance business for decades. After their departure the government has gone into the business by granting coverage with below-market premiums
Why might this be in inefficient outcome? Comment on the amount of housing that we should expect to see along our nation's coastlines. Also, discuss the degree of danger that this poses for both property and lives when hurricanes strike.
The application of new technology refers to
a. imitation. b. investment. c. innovation. d. education.
A decrease in expected inflation shifts
a. the long-run Phillips curve left. b. the short-run Phillips curve left. c. neither the short-run nor long-run Phillips curve left. d. both the short-run and long-run Phillips curve left.
The most important influence on a firm's demand for a factor of production is __________.
Fill in the blank(s) with the appropriate word(s).