An emission fee levied against polluters will tend to:
A. internalize the internal cost of pollution.
B. externalize the internal cost of pollution.
C. externalize the external cost of pollution.
D. internalize the external cost of pollution.
Answer: D
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The majority of evidence points to the fact that, in the last decade in the United States, labor productivity has
A) stayed the same. B) increased. C) decreased in the manufacturing sector but increased in the service sector. D) decreased.
An increase in capital outflows from the United States will
A) decrease the balance on the capital account. B) decrease the balance on the financial account. C) increase the balance on the financial account. D) increase the balance on the current account.
Virtual currency unit 3 (VCU3) is different from VCU2 because:
a. VCU2 cannot be spent in the real world; VCU3 can be spent in the real world. b. In terms of convertibility, there is no difference; both VCU2 and VCU3 can be purchased with and sold for legal tender. c. VCU3 can directly affect real world demand, whereas VCU2 cannot affect real-world demand. d. In terms of their potential to change a nation's monetary base, there is no difference because neither VCU3 nor VCU2 affect a nation's monetary base.
The pool of information collected by financial markets is usually:
A. valuable and not made available until the parties pay for it. B. only available to lenders. C. more than a borrower needs to make a loan. D. summarized in the form of a price.