Some environmentalists argue that we should protect the environment as much as possible, regardless of cost. Which of the following is not a likely outcome of pursuing such a course of action?
a. lower levels of nutrition, health care, and housing
b. a lower standard of living
c. slowing or reversing technological advancement
d. the elimination of all pollution
d
You might also like to view...
Keynes referred to the emotions that shift supply and demand as ________.
A. preferences B. austerity measures C. animal spirits D. speculative bubbles
The pollution charge
a. is the most commonly used market-based instrument internationally b. is sometimes implemented as an effluent charge to protect water resources c. can be used to control noise pollution d. all of the above e. none of the above
Which of the following is included in a nation's capital and financial account?
I. the purchase of foreign stocks and bonds II. the sale of foreign stocks and bonds III. importing a piece of capital equipment A) I only B) I and II C) III only D) I, II and III
For a monopoly able to practice perfect price discrimination, the market
A) supply curve is the same as the marginal cost curve. B) supply curve is the same as the marginal revenue curve. C) demand curve is the same as the marginal cost curve. D) demand curve is the same as the marginal revenue curve.