A polluting company can be billed in proportion to its pollution through
A. Emission charges.
B. Tradable pollution permits.
C. Higher user fees.
D. Privatization.
Answer: A
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Treasury securities have ____ risk of default and mortgage-backed securities have ____ risk of default
a. no; no b. no; some c. some; no d. some; some
The federal funds rate is the interest rate the:
A. banks charge individual investors for Fed funds. B. banks charge each other in the Fed funds market. C. government charges banks for Fed funds. D. Fed charges banks for Fed funds.
Which of the following statements is true?
A. TC = TFC ? TVC B. AVC = TC / Q C. TFC = TC ? TVC D. MC equals the change in ATC divided by the change in Q.
For a given nominal exchange rate and domestic price level, a decrease in the foreign price level ________ the real exchange rate.
A. offsets any change in B. increases C. decreases D. may either increase or decrease