Alternative approaches for reducing carbon dioxide emissions are
A) carbon taxes and carbon trading. B) carbon trading and carbon subsidies.
C) carbon taxes and carbon scrubbing. D) burning low carbon coal and deforestation.
A
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Assume that the MPC is .75, and investment spending rises by $25 billion. How much will real GDP change?
a. $25 billion b. $75 billion c. $100 billion d. $175 billion
When a pharmaceutical company introduces a new drug, its research and development costs are ________, and the cost of the chemicals used in manufacturing the drug are ________.
A. start-up costs; variable costs B. marginal costs; variable costs C. start-up costs; fixed costs D. fixed costs; start-up costs
When demand decreases, and price is the only reason for the decrease, what type of movement will the demand curve show?
A. a shift to the left B. a shift to the right C. along the curve to a higher quantity demanded D. along the curve to a higher price
Refer to the information provided in Figure 4.1 below to answer the question(s) that follow.
Figure 4.1Refer to Figure 4.1. The United States will import 6 million apples per day if a per-apple tax of ________ is levied on imported apples.
A. 0 cents B. 10 cents C. 20 cents D. 30 cents