(Consider This) Garrett Hardin's tragedy of the commons best applies to which of the following issues?
A. Fracking for oil and natural gas.
B. Government subsidies for alternative energy.
C. Overpopulation.
D. Overfishing in international waters.
Answer: D
Economics
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A household ________ as long as the utility from the good's consumption is less than its market price.
A. will only buy a good B. should never sell a good C. will always buy a good D. should never buy a good
Economics
Supply-side economists:
a. saw influence beyond in both the Bush and Clinton administrations. b. disagreed with economist Arthur Laffer's views on taxes. c. were influential in President Reagan's decision to change the tax structure. d. believe that government regulations do not reduce productivity and undermine industrial efficiency.
Economics