The Coase Theorem states that there is different ways to assign property rights if the private sector is to achieve environmental efficiency
a. True
b. False
Indicate whether the statement is true or false
True
You might also like to view...
Which statement below is true for a price searcher?
A) Net revenue can only be positive. B) Net revenue can only be negative. C) Net revenue can only be zero. D) Net revenue can be positive, negative, or zero.
In common value auctions
a. Every bidder know the value of the object being sold b. Each bidder makes their own estimate of the value of the good c. All bidders know the estimates of the others d. The true value of the item differs across bidders
Vault cash is:
A. a part of reserves and an asset of commercial banks. B. not reserves but is a liability of the central bank. C. equal to the total amount of reserves and is an asset of the central bank. D. not reserves but is an asset of central banks.
If your salary doubled and the cost of living doubled, then your real wage rate would _______.
Fill in the blank(s) with the appropriate word(s).