Taxes on polluting emissions are
a. more efficient than direct controls.
b. used by all economic societies.
c. less effective than direct regulations.
d. easily enforced through the criminal justice system.
a
You might also like to view...
The instructions and rules for the alternative minimum tax are generally
A. far easier to understand than the instruction and rules for the 1040. B. no more or less difficult to understand than the instructions and rules for the 1040. C. far easier to understand than the instruction and rules for the 1040EZ. D. much more complicated than the instructions and rules for the 1040.
The figure shows the U.S. market for flip?flops. With international trade, the United States imports ________ flip?flops.
Fill in the blank(s) with the appropriate word(s).
Monetary policy can
A) shift the short-run trade-off between inflation and unemployment if it affects expected inflation. B) shift the long-run trade-off between inflation and unemployment through changes in cyclical unemployment. C) shift both the short-run and long-run trade-offs between inflation and unemployment if changes in policy are credible. D) shift neither the short-run nor long-run Phillips curve trade-offs between inflation and unemployment.
Suppose that in Germany total annual output is worth $600 million and people work 40 million hours. In France total annual output is worth $700 million and people work 50 million hours. In which country do people enjoy a higher standard of living?