What are two ways to reduce pollution that require firms to pay to pollute?
a) corrective taxes and pollution permits
b) corrective taxes and command-and-control policy
c) pollution permits and command-and-control policy
d) pollution regulations and pollution permits
Ans: a) corrective taxes and pollution permits
You might also like to view...
A consumer maximizes utility when the marginal utilities of all goods
a. having positive money prices that are equal to zero b. are equal c. are maximized d. are equal to the opportunity costs for all goods that are considered necessities e. are exactly proportional to their market prices
A point inside a production possibilities curve reflects:
a. the law of increasing costs. b. technological innovation. c. less than full use of resources and technology. d. economic efficiency. e. a way to increase future economic growth.
According to the information in the table shown, if someone were to make $35,000, she would be able to buy the most goods and services if she lived in:
This table shows the price-level adjustment as compared to the United States.
A. Australia.
B. the United States.
C. Mexico.
D. China.
The role of government in shifting the production possibilities curve to the right is considered:
A) supporting economic growth. B) redistributing income. C) providing certain goods and services. D) enforcing private property rights.