Because producers do not bear the external cost of pollution,
A) private production exceeds the economically efficient level.
B) the economically efficient level of production is achieved.
C) private production is below the economically efficient level.
D) the market price for the product being produced by the pollution-generating company is too high.
A
Economics
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Moving upward along an LM curve, velocity ________ because ________ remains constant while ________ rises
A) rises, real balances, real income B) rises, the interest rate, the price level C) rises, the interest rate, real balances D) falls, real balances, real income E) falls, real income, real balances
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The most commonly used negative incentive used by firms is:
A. temporary layoffs. B. dismissal. C. verbal reprimands. D. unpaid suspensions.
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