The extent of ________ is one key factor in determining the extent of pass-through effects in an economy

Which of the following is NOT an example of a way in which microeconomic analysis can help in designing environmental policy?

A. Examining the trade-offs between ecological benefits of environmental legislation and its impacts on consumers' standard of living B. Lobbying consumers and firms to reduce consumption of energy C. Designing laws to provide incentives for firms to implement clean technologies in new vehicles D. Determining the optimal level of vehicle fuel efficiency standards

If the national debt is growing no faster than GDP,

a. the government will have to raise taxes b. the nation's standard of living will fall c. government investment spending will be negative d. the government can pay interest on the debt without having to raise taxes e. the government will be unable to pay interest on the debt