The ideal pollution tax adds how much to private cost?
a. as much as possible
b. an amount that will maximize government tax revenue
c. an amount equal to the market price
d. an amount equal to the external cost
e. nothing
D
You might also like to view...
The Economic Development Minister of a country has a list of things she thinks may explain her country's low growth of real GDP per person relative to other countries. She asks you to pick the one you think most likely explains her country's low growth. Which of the following contributes to low growth?
a. poorly enforced property rights b. outward-oriented trade policies c. policies that permit foreign investment d. All of the above are correct.
What is the present value of a payment of $150 one year from today if the interest rate is 6 percent?
a. $141.11 b. $141.36 c. $141.75 d. None of the above are correct to the nearest cent.
The face value of a bond is the amount that will be paid to the holder of the bond when it matures.
a. true b. false
Externalities
A. Are the costs or benefits of market activities that "spill over" onto third parties. B. Occur because demand is hidden. C. Occur because of government failure. D. Occur because of selfish consumers.