Answer the following statement(s) true (T) or false (F)
1. In a pay-as-you-throw (PAYT) program, the price per unit of MSW services can be based on either the weight or the volume of waste generated.
2. A back-end charge is implemented as a price per household.
3. The city whose unit pricing program is considered to be the prototype is Philadelphia.
4. If there is a negative externality associated with consumption of a product, the MSBof that product is below the MPB.
1. True
2. False
3. False
4. True
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If people hold onto money as cash rather than depositing it, the money multiplier will:
A. get larger. B. stay the same. C. be increased by the Federal Reserve. D. get smaller.
Demand for the lithium ion batteries used in the production of Tesla automobiles is
A. derived from the demand for Tesla automobiles. B. unrelated to their productivity. C. an output demand. D. perfectly elastic.