The use of government regulations to make companies use new technology to reduce pollution is complicated by the fact that ______.
a. technology that eliminates one type of pollution creates equal amounts of another
b. such regulations would externalize the internal costs of pollution control
c. the government has no legal authority to enforce regulations limiting pollution
d. regulators would have to know about specific technology for each industry
d. regulators would have to know about specific technology for each industry
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A traditional economy is based on
a. government regulation. b. self-sufficiency. c. barter. d. both self-sufficiency and barter.
If the federal government tries to make fiscal policy sustainable by increasing taxes on wages, the opportunity cost of leisure will ________ and will result in ________ potential GDP
A) increase; lower B) decrease; higher C) decrease; lower D) increase; higher
Which of the following is an advantage of using a credit card? a. Credit cards help account holders tap directly into their checking account. b. Credit cards help account holders get a loan from the card issuer
c. Credit cards require a PIN number, and are therefore safe. d. Credit card holders can earn a fixed interest on their accounts. e. Credit cards help eliminate the use of money.
If Ms. Anniston transfers $1,000 from her checking account to her money market account, then
A. M1 falls and M2 remains the same. B. M1 falls and M2 rises. C. both M1 and M2 rise. D. M1 remains the same and M2 rises.