Which of the following is the legal right of ownership that others are not allowed to infringe on without paying compensation?
a. A command-and-control regulation
b. Corrective taxes
c. Marketable permits
d. Property rights
d
You might also like to view...
Moving along the short-run Phillips curve, as the unemployment rate increases, the inflation rate
A) initially increases and then decreases. B) remains unchanged. C) increases. D) decreases. E) initially decreases and then increases.
One of the functions of the Federal Reserve System is the
a. issuance of federal government bonds b. collections of tax revenues from banks c. spending of federal funds on construction projects d. manufacturing of coins e. clearing of checks between banks located in different parts of the country
A firm cannot price discriminate if
a. it has declining marginal revenue. b. it operates in a competitive market. c. buyers only reveal the price they are willing to pay for the product. d. it has a constant marginal cost.
If the actual rate of unemployment equals the natural rate of unemployment, then:
A. potential output equals real GDP. B. potential output is greater than real GDP. C. potential output is less than real GDP. D. there is a recessionary gap.