Pollution abatement programs result in lower prices being charged for the polluting firm's products.
Answer the following statement true (T) or false (F)
False
Pollution abatement will increase the costs to the firm, shifting the MC curve upward (supply curve leftward), resulting in lower output, higher prices, and lower profits. The ATC will shift up, not down.
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According to the above table, the equilibrium price of DVDs is
A) $16. B) $14. C) $12. D) $10.
An increase in a budget deficit financed by borrowing can increase interest rates and reduce investment spending thereby creating lower rates of economic growth
a. True b. False Indicate whether the statement is true or false
Exclusion of a relevant variable from a multiple linear regression model leads to the problem of _____.
A. misspecification of the model B. multicollinearity C. perfect collinearity D. homoskedasticity
The planned investment function shows that
A. real gross investment falls as real Gross Domestic Product (GDP) increases. B. at higher levels of planned saving, planned investment increases. C. a positive relationship exists between planned consumption and planned investment. D. a negative relationship exists between the level of planned investment and the interest rate.