A corrective tax equal to the external cost imposed on third parties levied on polluters will:
a. eliminate all pollution
b. increase the level of pollution.
c. force polluters to internalize the external cost resulting from their actions.
d. usually have no impact whatsoever on pollution levels, but will generate tax revenue for the government.
c
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Which of the following is true?
a. The proportion of college degrees earned by women has been virtually unchanged during the last four decades. b. There was a substantial increase in the earnings of women relative to men in the 1960s and 1970s following the passage of legislation prohibiting employment discrimination against women. c. The number of women preparing for careers as professionals has declined during the last two decades. d. In 2010, 57 percent of those completing college degrees were women.
The national debt is unlikely to cause national bankruptcy because the federal government can:
a. All of the answers are correct. b. refinance its debt. c. raise taxes. d. print money.
Figure 17-10
Refer to . As a result of the tariff, there is a deadweight loss that amounts to
a.
B.
b.
E.
c.
D + F.
d.
B + D + E + F.
A linear function can be distinguished by
A. The same slope throughout the line. B. The continuous change in its slope. C. The changing relationship between the two variables. D. A shift in the function.