According to most economists,
A. command-and-control regulations work better than incentive-based regulations.
B. incentive-based regulations work better than command-and-control regulations.
C. command-and-control regulations have about the same effectiveness as incentive-based regulations.
B. incentive-based regulations work better than command-and-control regulations.
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China's high net exports must be balanced by:
A. low net capital outflows. B. high net capital inflows. C. high net capital outflows. D. low net imports.
Government expenditures on capital goods such as roads could increase aggregate supply. Such effects on aggregate supply are likely to matter more in the short run than in the long run
a. True b. False Indicate whether the statement is true or false
Mallory Trammell is a homemaker. Last week, she was busy with her normal household activities. How will she be classified by the Bureau of Labor Statistics?
What will be an ideal response?
Externalities exist because
A. private costs differ from social costs. B. low productivity of workers in production. C. too much government interference in the market. D. private costs are equal to social costs.