Market-based policies are effective methods that the government can use to address externality problems.

Answer the following statement true (T) or false (F)


True

Economics

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The administration costs of a loan as a proportion of the total cost of the loan typically

a. decrease as the size of the loan increases. Therefore, the larger the loan, other things constant, the lower the interest rate b. decrease as the size of the loan increases. Therefore, the larger the loan, other things constant, the higher the interest rate c. increase as the size of the loan increases. Therefore, the larger the loan, other things constant, the lower the interest rate d. increase as the size of the loan increases. Therefore, the larger the loan, other things constant, the higher the interest rate e. increase as the size of the loan increases, but this has no impact on the interest rates charged for large loans compared to small loans

Economics

The median-voter theorem would suggest the reason politicians go from extreme to moderate positions on an issue over the course of an election is because they are appealing to the:

A. average voter in their party in the primary, and the average of all voters in the general election. B. majority of voters in their party in the primary, and the majority of all voters in the general election. C. median voter in their party in the primary, and the median of all voters in the general election. D. people in their party and opposing party.

Economics

If actual real GDP is greater than the equilibrium level of real GDP (i.e., the aggregate expenditures function is below the 45-degree line), what happens to restore equilibrium to the economy?

Economics

The prices of assets are included in standard measures of inflation.

Answer the following statement true (T) or false (F)

Economics