If the marginal benefit of reducing emissions of some air pollutant is greater than the marginal cost
A) the marginal benefit will rise and the marginal cost will fall as further reductions are made.
B) private businesses, rather the consumers, should be made to pay for the cost of further reductions.
C) further reductions will make society better off.
D) economic efficiency will be achieved when emissions are reduced to zero.
C
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Which of the following can reduce the number of cars imported?
A) a tariff B) a quota C) a ban D) All of the above.
The costs a business incurs to change its prices are called ___________
Fill in the blank(s) with correct word
Which of the following will fail to be measured by the GDP?
a. The number of iPads sold triples in a seven-year period. b. The price of HDTVs decreases 10 percent over a five-year period. c. The number of cable TV subscriptions doubles over a ten-year period. d. The quality of a cell phone improves significantly in a five-year period.
Your text considers both the low savings and high savings nations and concludes what about the relationship between government budgets and the current account?
What will be an ideal response?