Pollution
A) creates a negative externality.
B) is increased when property rights are defined.
C) is absent in a free market economy.
D) exists because air and water are privately owned resources.
Answer: A
Economics
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A. price floor. B. price ceiling. C. free market. D. barter economy.
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When tax revenues ________ outlays is negative, then the government has a budget ________
A) minus; deficit B) minus; surplus C) divided by; surplus D) plus; surplus E) plus; deficit
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In the above figure, the slope across the arc between a and b is
A) 2/5. B) 1. C) 3/2. D) 5/2.
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The percentage of women in the U.S. labor force ___________ between 1880 and 1920
a. increased b. decreased c. remained relatively constant
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