The corporate tax applies to firms’ total revenues.

Suppose your state government could undertake some measures that would improve the safety of highways within the state. If the goal is to use resources efficiently, how many of the measures should be undertaken?

a. all of them b. all measures up to the point at which the marginal social benefit from safety improvements equals the marginal social cost c. all measures for which the marginal social benefits from safety improvements are greater than zero d. all measures for which the marginal social benefit from safety improvements is at least as great as what motorists have reported they would be willing to pay

The U.S. Census Bureau estimates that from 2000 to 2009, the net inflow of unauthorized immigrants was about:

A. 100,000 annually. B. 250,000 annually. C. 350,000 annually. D. 700,000 annually.