Taxes on emissions have led to
a. extraction of pollutants by firms from their liquid discharges.
b. recycling of pollutants in lieu of discharge as waste.
c. voluntary reduction in emissions to avoid the taxes.
d. all of the above.
d
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If workers suddenly decide to value more their leisure time than before, this
A) shifts the labor supply curve to the left, resulting in a wage increase and less workers hired. B) shifts the labor supply curve to the right, resulting in a wage increase and less workers hired. C) shifts the labor supply curve to the left, resulting in a wage decrease and less workers hired. D) shifts the labor supply curve to the right, resulting in a wage increase and more workers hired.
The tax revenue that is generated by a government tax is counted towards total welfare
Indicate whether the statement is true or false
What does NOT appear on the asset side of a bank's balance sheet?
A. required reserves
B. checkable deposits
C. loans
D. excess reserves
Which of the following are TRUE of fixed payment loans?
A) The borrower repays both the principal and interest at the maturity date. B) Installment loans and mortgages are frequently of the fixed payment type. C) The borrower pays interest periodically and the principal at the maturity date. D) Commercial loans to businesses are often of this type.