Taxes on polluting firms for pollution are intended to

a. raise enough revenue to cut the deficit in half.
b. encourage firms to reduce charges by polluting less.
c. be efficient, i.e., result in no excess burden.
d. raise revenue for general spending needs.

b

Economics

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What are the effects of an increase in labor productivity on potential GDP, the quantity of labor, the real wage rate, and potential GDP per hour of labor?

What will be an ideal response?

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In a sequential game

A) a player has to look forward and reason forward. B) a player has to look forward and reason back. C) a player has to look back and reason forward. D) a player has to look back and reason back.

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