When pollution emissions can be measured taxation will tend to be more effective than any other method of controlling pollution
a. True
b. False
Indicate whether the statement is true or false
True
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An uninformed party can use ________ to learn about the information held by the informed party
A) signaling B) screening C) a warranty D) educational attainment
“Plowback” is a preferred source of financing a corporation because
A. the funds are easier to obtain, compared to issuing stocks. B. it is not subject to double taxation. C. selling bonds involves the high cost of money. D. stock markets are subject to random walks.
Why do nations often impose trade barriers that make it difficult for their own citizens to trade with people in another country?
A) Trade restrictions improve the efficiency of resource use. B) Trade restrictions are a good way for a country to increase the income levels of its citizens. C) Trade restrictions provide gains to domestic residents at the expense of foreigners. D) Trade restrictions often provide benefits to highly visible special interest groups while imposing a less visible cost on the general populace.
Advertising can create a barrier to entry of new firms into an industry and therefore reduce competition.
Answer the following statement true (T) or false (F)